AUD/USD: 4-hour
Here’s one for comdoll traders like Happy Pip! AUD/USD is lollygagging above the .9300 areas, which is not only near a 61.8% Fib but also the 100 SMA and a rising trend line on the 4-hour time frame. Talk about stars lining up! A stop just below the support levels could get you a sweet risk ratio if you think that the Aussie will head back to its monthly highs.
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