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"Technically we have seen volatility contract and a tight range form on many AUD currencies. I've already got an order to go long AUDUSD based on a very similar technical setup to what we're currently seeing on AUDCHF, so I added an order on this pair also. My stop is at 8306, my entry is setup for 8356, and my target profit is 8506. 8356 seems to be a support level the market is responding to, and has the 50 SMA and 200 EMA right below it (and above my stop) to act as an extra barrier that may prevent further declines."
https://www.tradingview.com/x/rnQGgmMn
"Technically we have seen volatility contract and a tight range form on many AUD currencies. I've already got an order to go long AUDUSD based on a very similar technical setup to what we're currently seeing on AUDCHF, so I added an order on this pair also. My stop is at 8306, my entry is setup for 8356, and my target profit is 8506. 8356 seems to be a support level the market is responding to, and has the 50 SMA and 200 EMA right below it (and above my stop) to act as an extra barrier that may prevent further declines."
https://www.tradingview.com/x/rnQGgmMn