Buy on a level breakthrough of 0.7733 with 0.7828 target. Stop loss = 0.7683.
Reason for the trading strategy
The relatively high commodity prices support the investors' interest in the higher-yielding currencies, including the Aussie. Today, the publication of the statistics on new home sales in the US will have an impact on the AUDUSD pair.
Reason for the trading strategy
The relatively high commodity prices support the investors' interest in the higher-yielding currencies, including the Aussie. Today, the publication of the statistics on new home sales in the US will have an impact on the AUDUSD pair.
External economic situation supports the investors' interest in the Aussie
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