AUDUSD stays above a upward trend line

AUDUSD stays above a upward trend line on 4-hour chart, and remains in uptrend from 1.0167. Initial support is at the trend line, as long as the trend line support holds, further rise could be expected after a minor consolidation, and next target would be at 1.0700 area. Key support is at 1.0425, only break below this level could signal completion of the uptrend.

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Forex Signals

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