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AUD/USD Signal - USD Bank Holiday - 26 Nov 2020

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Signal Details
Entry Price: 
0.7362
Take Profit: 
0.7400
Stop Loss: 
0.7325
Direction: 
Buy
Result: 
Profit
How we trade
Average: 5 (1 vote)

AUDUSD is trending to the upside today. USD flows are likely to be muted as it is a US bank holiday (thanksgiving). Technically the pair is trending above the trendline and the 0.7340 pivot level. We anticipate continued upside into 0.7400.

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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.