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In the December 9, 2024 market update, technical analysis revealed forecasts for EUR/USD, USD/JPY, and AUD/USD. China's pledge of a 'moderately loose' policy influenced market sentiment. AUD/USD surged notably. The AUD/USD forecast for December 10, 2024, hinted at potential movement. Traders were advised on tips for navigating the volatile AUD/USD market, emphasizing the importance of technical indicators and risk management in their trading strategies.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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