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Analysis without indicator major currency pairs on 21.07.2017

Hello. Below are a few recommendations for trading in the Forex market on 20.07.2017

AUDUSD

On AUDUSD formed a pattern Doji. Reference no pattern, but may begin a correction back to 0,78000. But in General, expect continued growth to 0,80500-0,8100. The transaction pattern is not considered.

EURJPY

On EURJPY formed the pattern of Absorption at the level of 129.00. Likely continue the growth trend. Then consider buying with the objectives of 133.00 and higher.

EURAUD

On the pair EURAUD pattern, the Absorption level 1,4447. The level is pretty strong, but I think it’s a corrective move up to 1,4650. Then try again to continue falling and break the support level 1,4447. The transaction is then not considered. For sales it is better to wait the breakout of the level.

AUDNZD

On the AUDNZD pair as a pattern, the Absorption level 1,08000. Will probably start a correction in the area of 1.0700 is then we will try to continue the up trend. The sale is not considered here because they are against the trend.

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Changes in 20.07.2017

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