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AUDUSD H1 Chart Technical Overview and Trade Opportunities

AUDUSD H1 Chart Technical Overview and Trade Opportunities

We have sold the pair after Cycle Sniper’s signal at 0.70200.

Short term cycle with less deviation told us to book partial profit.

However regular cycles is showing further decline on the pair.

We wait for the closing below 0.6985. Our intraday targets 0.69700 and 0.69580. ( MM 4/8 H1 )

We will book profit when Cycle Sniper touches zero line.

Additional short opportunity is closing below 0.

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DISCLAIMER: This is a technical analysis study, not advice or recommendation to invest money

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. Chartreaderpro does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress.

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