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Australian Dollar / U.S. Dollar
Short

AUDUSD broke out of support, further potential drop!

By ICmarkets
Broker
AUDUSD broke out of its horizontal pullback resistance at 0.7712, a strong reaction could occur at this level pushing price down to our next major support at 0.7648 (horizontal overlap support, 76.4% Fibonacci retracement , 100% Fibonacci extension ).

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ICmarkets
Broker
IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.
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