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AUDCHF News

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Last Updated Date: 4 August 2022 @ 9:01 AM (UTC)
*Please note that all the dates are in GMT time zone

Yesterday’s rally reverses the topping signal and leaves trade positioned to attack higher. However, a close over 0.6722 is needed to launch a fresh bull wave towards 0.6756 and above. A close under 0.6653 implies near term trade is going to extend corrections. A drop under 0.6625 alerts for near term selloffs to attack 0.6581 for a short term topping downturn.
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RISK WARNING

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Whilst leverage enables traders to magnify their profits on successful trades, it is possible to sustain significant losses,around 78% of retail investor accounts lose money when trading CFDs.