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AUDUSD Signal - 19th January 2023

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Signal Details
Entry Price: 
0.69360
Take Profit: 
0.71400
Stop Loss: 
0.68500
Direction: 
Buy
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USD Rallied last night on the back of economic announcements that dropped the US share market. As a result AUDUSD is now sitting on a strong resistance level as well as the H1 200MA. We anticipate the Australian Share market to follow US upon opening leading to a reversal on AUDUSD to the next fib line in the region of 0.71400.

Submitted by Toni H. on Wed, 18 Jan 2023 22:33:02 GMT

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Disclaimer: The article is written for informative purposes only and it is not financial advice. The author does not have any position in the currency pairs mentioned, and no plans to initiate a position. He wrote the article himself and expressed his own opinions. Readers should not treat any opinion expressed by the author as a specific inducement to make a particular trade or follow a particular strategy, but only as an expression of his opinion. All risks and coasts associated with online trading are your responsibility.

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