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26.11.2021: Forex Analysis & Reviews: AUD/USD Update for November 26, 2021 - Potential for upside reversion to the mean
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Technical
analysis:

analytics61a0db9ec37e5.jpg


Due
to extreme downside condition on AUD/USD and bullish divergence in
creation, there is potential for the upside reversion to the mean.


Trading
recommendation:


Watch
for buying opportunities on the pullbacks due to extreme downside condition.


Upside
target is set at the price of 0,7185


Stochastic
is showing convergence,
which is another sign and confirmation for the upside
rotation.


Support
level is set at 0,7112

*Disclaimer: The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

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