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  • AUD/NZD (H4): Strong reaction in the support zone   
  • Forecast: Price should rebound from consolidation lower limit and approach it higher levels
  • Alternative Scenario: Moving lower and breaking below current support  
  • Comments: Since July AUD/NZD rate moves between 1.09-1.13               
  • Payout: CALL @ 1.0900 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.