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  • AUD/NZD (H4): Breaking above downtrend line
  • Forecast: Waiting for rebound from local support zone near 1.0920-30
  • Alternative scenario: Moving back below trend line and approaching October lows    
  • Comments: In a broader perspective rate moves near important support from higher TFs
  • Payout: CALL @ 1.0920-30 à 69% return expiring at 23:00GMT

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Member and editor of Finance Magnates - the biggest FX, and binary options B2B website. A graduate of the University of Economics in Krakow, active publicist since 2012. Technical analysis is always more important to him than the fundamentals – however, he does not reject the importance of macro data. As he assumes that, the simpler the better, he is a strong fan of Price Action trading strategy and Fibonacci retracements.