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AUD/USD Exiting From the OverSold Zone

Posted On 05 Oct 2017
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The AUD/USD Trade Balance came better than expected and at this point, the pair is exiting the oversold territory. Trade Balance is important for the economy as it represents the difference in value between imported and exported goods and services during the reported month. Let’s take a look at a possible trade scenario.

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Source:: AUD/USD Exiting From the OverSold Zone

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Elite CurrenSea (ECS), founded by Chris Svorcik & Nenad Kerkez, is an award-winning Forex, CFD & Cryptocurrency trading solution provider. [space height="20"] Nenad & Chris offer market analysis, free education and proprietary trading systems. Their combined trading experience of over 30 years helps them to navigate the markets applying their favourite Wave Analysis Theory (Chris Svorcik) and Camarilla Trading Method (Nenad Kerkez). [space height="20"] You can learn more about the service provider through their website HERE

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