英鎊/澳元
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Strong Demand Zone to Long 2.02

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As much as we have seen a downtrend on Day 1 of trading, we are back to a Major Demand Zone once again, an area where we have seen an uptrend back to 2.02.

Stochastics in Oversold suggests a bounce in this area.

Even though that would be the most obvious, we still have to very cautious of market conditions. Until we have a strong bounce from this area, be aware of any possible movements to the downside.

Happy Hunting.

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