Day trading strategies on currency pair AUDUSD 12-07-2016 by AzaForex forex broker, before investing money with foreign exchange read these tips

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Very interesting things are happening in the forex market. Forex quotes began to radically change the direction on the charts and the movement of currency pairs is very lively and active. Those currency pairs, which recently seemed to be in a downward peak  raised their value. Market traders changes their mood. The demand for USD decreased, and therefore, in relation to many currencies that are traded with him in opposite, began to lose its position. As we wrote yesterday, the Australian dollar began to rise in price, and our trading and analytics recommendation was again true, we are in profit. Let's see how Australian dollar will behave against the US dollar. Taking into consideration, that the growth of the currency pair is limited only with a strong resistance level, we can predict profit of more than 150 items in this trade, if the bulls will be in optimistic mood. So, we are waiting for what will happen, and in break of the resistance level will easily join the bulls.
 
The price is above a simple moving average 200 MA and 20 MA indicating bullish trend.
The MACD trend indicator is above zero level now, indicating bullish movement.
 
If the resistance level is broken you can use the following recommendation:
•             Chart timeframe: H4
•             The trade recommendation: Buy
•             The level of entry into long position: 0.7650
•             The level of profit and close the position: 0.7800 (110 pips)
 
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Possible bullish movement in the breakout of the resistance level 1376
 
Forex currency pair GBPUSD
Possible bullish movement in the breakout of the resistance level 1.3200
 
Forex currency pair USDCHF
Possible bearish movement in the breakdown of the support level 0.9790
 
Forex currency pair EURUSD
Possible bullish movement in the breakout of the resistance level 1.1130