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Hello.
Our daily scan of the markets has brought up the AUD/GBP. We are posting this well before the Eropean opening so just watch for whipsaws before the opening of the market due to low volume.
Our analysis has shown a completed Wave 2 on July 1. If the pair goes under this price, the forecast would be invalidated. Because we are so close to a potential Wave 2 completion, the Risk vs. Reward ratio on this trade may be very appealing.
Watch the markets unfold before the opening of the European session and make your trading decisions from there, making sure to check for any important announcements coming out.
Good luck and we'll see everyone next week. Have a nice and restful weekend.
EUR/USD:Broader themes may have to take a back seat for a couple of weeks, but the bias remains broadly dollar negative. Re-try a small buy against 1.3430 support, stop 1.3380,...
USD/CHF – Market strategy is bullish, buying from the 1.1180~levelUSD/CHF-market strategy can be a buy from the level 1.1180Technical oscillators supporting the bullish trend...
In this PDF you will find the latest technical analysis published by Forex Trends
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