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On our market watch today is AUDNZD. The pair has tested 1.0380 twice and got rejected and is squeezed in a wedge below 1.05000 providing perfect opportunity for good RR long. If we get a break above 1.0520 profit target is open and should be in 1.0600-1.0700 zone
Recommended trade size should be adjusted to your risk profile and money management.Â
On market entry here SL should be below 1.0410.
Happy trading! (click on the chart to enlarge it)
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