AUDUSD Trade Idea

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AU is currently in a strong uptrend, finally violating 0.7640 key resistance. In yesterday's forecast, I expected the market to have a minor pullback with 0.77 as target, which was exactly what the market performed. Will be focusing on long-term buying opportunities after some pullback for continuation setup, with 0.78 as the primary target. Avoid holding overnight position today due to the public holiday and possible weekend gap.

Trade safe.

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٣١ ديسمبر ٢٠٢٠

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