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Thursday, November 26, 2020

240 pip potential on AUD/USD...

240 pip potential on AUD/USD...

Lacklustre trade in Thanksgiving conditions.

All narrowly mixed against the Buck and holding in fairly familiar ranges, with the Aussie reclaiming 0.7350+ status following mixed Capex data.

Looking at all things technical, we can see some serious bullish pressure brewing which will look to print into multi month highs. Maintain above 0.7320 and we should rise into tomorrows trade session.

from Trading Ideas
via gqrds

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