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Audusddaily

AUDUSD bounced from support, potential for a further rise! AUDUSD bounced off 0.68563 where it could potentially rise further to 0.69098. *Disclaimer.* Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Long
by Pepperstone
AUDUSD bounced from support, potential for a further rise! AUDUSD bounced off 0.68735 where it could potentially rise further to 26709.6. *Disclaimer.* Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Long
by Pepperstone
1
Week 3 2020 - AUDUSDHi traders, This week we saw price break through the key 69000 level and pullback into it strongly. Price formed a higher low from the previous swing coming in at 68380. At these levels, we need to wait for further bearish price to come in to break the 68380 level. The break of the lows will be the opportunity to short. Price is bullish above the 69640 level, which aligns with the 682 retracement. I would look to take long plays above 61200. Any plays made to the upside needs short targets and tight stops. All the best, Aardall
by aardall