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MIG Bank

MIG Bank

MIG Bank

MIG BANK, formerly known as MIG INVESTMENTS, was established in Neuchatel, Switzerland as an online Forex broker and in 2009 became the world's 1st Forex…

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AUD/USD - Lower High Sought in Current Region

AUD/USD has risen to test the region close to our favoured short entry location, falling short of the 1.0350 target price, reaching 1.0346 so far.

If a break under 1.0263 is realised before filling this strategy, we will remove it from the report.

Longer-term we continue to expect the completion of a large topping formation with scope for a substantial swing lower.

We would view a sustained break over 1.0475 as a signal of further near-term strength.

Daily Technical Report

 

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