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AUDUSD Confirms Above Ichimoku – Forex Trading Strategy
Surprise, surprise! AUDUSD confirms above Ichimoku on the daily chart and we have HOT strategies to share with you. Back within a new upward channel, the AUDUSD confirms above Ichimoku signaling further up-moves towards medium-term pivot level of 0.78. However with the Ichimoku cloud flattening, this upward cycle could be short-lived and the pair could continue ranging up-and-down within the upper and lower bands of the channel. 23% and 38% Fibonacci retracement levels are our active pivot levels at the moment and only a break above or below them could indicate a longer-term trend formation. AUDUSD Confirms Above ... (full story)
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