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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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AUDUSD above major support, remain bullish

The price is testing the major support at 0.7659 (Fibonacci retracement, horizontal overlap support, pullback support, ascending support) where we expect a further push up to the 0.7780 resistance (swing high resistance, Fibonacci projection).

The RSI (34) is seeing ascending support that is holding the price up really nicely.

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