positionforex

$AUDUSD is bouncing off support now

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FX:AUDUSD   澳元/美元
The Aussie is moving in a broad range from .88 to .96 which is a range lower than the prior range from 1.10 to .96. In this current broad range there is a support/resistance level in the .9250 area. Price formed a long legged doji (spinning top with a doji center) which describes indecision and a chance for a change in direction. With the recent up move prices will rise and move higher from here.

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