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AUDNZD Short-Term Buy

There's likelihood that AUDNZD will bounce down from base pivot line 1.04281 price level), but if price action gets bullish after possible retracement/bounce, will setup buy stop order with TP on R1 pivot level especially since double-bottom is already formed in daily chart. Key economic data supporting bullish AUDNZD lately also.

audnews.com.au/audnzd-boosted-iron-ore-prices-hit-two-year-highs-6848


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