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AUD/USD reversed from support zone

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  • AUD/USD reversed from support zone
  • Next buy target - 0.8000

AUD/USD recently reversed up from the support zone lying between the support levels 0.7800, 0.7770, lower daily Bollinger Band and the 50% Fibonacci correction of the previous intermediate impulse wave (3) from the start of December. AUD/USD is expected to rise further toward the next buy target at the next round resistance level 0.8000 (target price for the completion of the active wave B).

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