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AUD/USD Signal - USD Fed Rate Decision - 22 Sep 2021

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Signal Details
Entry Price: 
0.7245
Take Profit: 
0.7165
Stop Loss: 
0.7305
Direction: 
Sell
How we trade
Average: 5 (1 vote)

AUDUSD is trending to the downside prior to the Fed's rate decision later today, which decides the interest rate in the USA. Technically the [air is holding a downtrend, and has given a retracement prior to the Fed decision, giving us a trade opportunity. The RSI has rejected above the 50% level.

Submitted by Toni H. on Wed, 22 Sep 2021 03:30:39 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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