Looking at Aussie and the dollar index, USD closed below the weekly support yesterday, Indicating a weak dollar for the main time. Today on the AUDUSD, we just got our fractal, meaning there's a high possibility of a turnaround at current market conditions. No doubt our CPI and Crude Inventories will have an effect on this analysis, but we at Affluent Traders are bullish until we get a negative signal. We're risking 20 pips, Entry at 0.72050, Target 60 pips.
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Follow our channel and Like this post, if you find this useful!
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