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FX.co ★ AUDUSD massive reversal?

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Forex Analysis:::2023-03-03T08:18:46

AUDUSD massive reversal?

AUDUSD massive reversal?

AUDUSD is testing a massive resistance at 0.6773 which is an overlap resistance, a 23% Fibonacci retracement and a descending resistance. If it reverses from here, we could see it drop all the way down to the major support at 0.6640 which is a multiple swing low support.

Analyst InstaForex
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