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AUDNZD analysis 11.06.2020

AUDNZD

The overall trend is upward. The currency pair is trading in the range of the support level of 1.0660. Stochastic Oscillator signals oversoldness. A breakout of 1.0726 will result in the formation of a 1-2-3 uptrend within the overall uptrend. 

Trading recommendations:

Buy above 1.0726.

Stop loss: 1.0660.

Target levels: 1.0820; 1.0880.

The AUDNZD rate online: monitor the movement of the pair in real time.

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