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Instrument: AUDUSD
Bullish Preference:
Buy position is envisaged if price trades above 0.64231 with take profit at 0.64006
Bearish Preference:
Sell position is envisaged if price trades below 0.63407 with take profit at 0.63274
Fundamentals:
None with High Impact
Comment:
The U.S. dollar edged higher in early European trade Monday, retaining last week’s strength at the start of a week that includes several central bank meetings, most importantly by the Federal Reserve, as well as a slew of important economic data releases.
Analysis: SCRUM Team
