The pair has gained 440p since my initial post on 19 June. In my post of yesterday I commented that we need a close above 0.7830 before entering another buy and the pair did not close above the level, but AUD news pushed it above this level to 0.7935. This level will have to hold on the Daily before buying towards 0.8060. Should it not hold and you want to sell, I suggest you wait for a close below 0.7830 unless you see a good sell signal, due to the bullish momentum on this pair.

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