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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 surpassed strong resistance, time to start buying

Price has broken significant resistance at 1.0570 which opens the door up to 1.0675. Our stop loss is at 1.0510 which is the last swing low.

RSI (21) has made a bullish exit signalling that a bullish move is in progress.

Buy above 1.0570. Stop loss at 1.0510. Take profit at 1.0675.

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