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AUD/USD Signal-AUD Manufacturing PMI- 22 August 2022

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Signal Details
Entry Price: 
0.69084
Take Profit: 
0.72641
Stop Loss: 
0.68277
Direction: 
Buy
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AUD/USD is trading to the upside today prior to the AUD Manufacturing PMI. Price has respected a support zone on the 4 hour timeframe with an inverse head and shoulder pattern acting as confluence for a major upward move. We anticipate a bullish move up to level 0.72641

Submitted by John F. on Mon, 22 Aug 2022 11:31:20 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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