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The_Cannalyst

Trading nearby the pivot resistance zone

Australian Dollar / U.S. Dollar (FX:AUDUSD)  
The_Cannalyst Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
30
3
The in my former view illustated TP`s are both nearly reached.
Forming a bullish H&S?
The shortterm uptrend still is full intact - the RSI is calling for prudence :-) A dip down to the 38,2 fibo (0,7515) would be healthy and absolutely normal - but is no "must" ;-)
Trading above the killer-resistance zone @ 0,775-0,7785 (respective 0,7833) could initiate a dynamic and strong buying wave.
Reached Longterm MoB
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the other side:
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tahts it! we have reached the Pivot Support Zone
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