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Investments in financial products are subject to market risk. Some financial products, such as currency exchange, are highly speculative and any investment should only be done with risk capital. Prices rise and fall and past performance is no assurance of future performance. This website is an information site only.

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AUD/NZD profit target reached perfectly, remain bullish

Price has reached our profit target from yesterday. We now remain bullish above 1.0284 support for a push up to 1.0330.

RSI(34) has made a strong bullish exit similarly with price signalling a bullish recovery is in place.

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Buy above 1.0284. Stop loss is at 1.0260. Take profit is at 1.0330.

The material has been provided by InstaForex Company - www.instaforex.com