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Audusddaily

AUDUSD approaching support, potential for a further rise! AUDUSD approaching support at 0.68530 where it could potentially rise further to 0.68981. *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 potential reversal! AUDUSD expected to rise up to 1st resistance at 0.68906 where it could potentially react off and drop down to 1st support at 0.68589. *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.
Short
by Pepperstone
AUDUSD Market Outlook | Daily Forex Market BreakdownAUDUSD Pushing up perfectly to our previously drawn trend line. We called AU flawlessly even though these have been the worst market conditions I have see in 2019 and to be quite honest with you 2019 has been the worst I have seen the markets. On paper it is the worst year for forex trading since 1976. That being said AU is looking really good. We need to see how the USD is going to react at these current levels. AUDUSD is looking really good right now definitely keeping a sharp on on AU. We could see a push up to retest and reject off 0.69, where I will be looking for a short opportunity. I am favoring downside movement soon.
Short
by Layne_LV