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AUD/USD Forex expert test – Trading on Weak Side of Long-Term Retracement Zone
The major trend Information Systems drop according to the every day swing chart.
The major trend going to change to up on a move out of .7784.
Since the major trend Information Systems down, traders ought treat this region such as resistance.
With the major trend down, we’re expecting to still to see the formation of reduce tops & reduce bottoms.
If they do then the market Information Systems likely to rollover to the downside by .7642 the following major target.
Forex Trading Signals
Referring to Dollar/Yen has an even number of four purvey & four neutral signals in the hourly chart.
Pound/Yen has six purvey signals in the hourly scale.
Mid term outlook Information Systems neutral & every day range brings six green signals.
Euro/Yen has four purvey signals in the short term.
Mid term models are mostly neutral & four researches point North in the long term, that are backed up with the 16% long interbank.
collected by :kiven Dixter