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Investments in financial products are subject to market risk. Some financial products, such as currency exchange, are highly speculative and any investment should only be done with risk capital. Prices rise and fall and past performance is no assurance of future performance. This website is an information site only.

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AUD/NZD trading recommendation for 24th June 2016

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The price reached our target at 1.0550 perfectly yesterday and saw a reaction off it. Now we look to buy on ascending support at 1.0425 for a rise to 1.0525/1.0550 again.

Trading recommendations:

Buy at 1.0425 level

Take profit at 1.0550 and 1.0525

Stop loss at 1.0400

The material has been provided by InstaForex Company - www.instaforex.com