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Buy AUD/USD | News Trade | Nov 26, 2019

Writer's picture: KeonConsultancy.comKeonConsultancy.com

The bounce happened again from FIB61.8 of daily.


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Sudden bullish move on H1 has been caused by what RBA governor Lowe said. My interpretation: the governor doesn't see need of quantitative easing because economy doesn't seem too bad, which is a positive signal of AUD.


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Risk: if price falls below last low and closes 6.0 pips below it, get out.

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