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Audusd Broke Below The Up Trend Line

Posted on 06/30/2008 21:15:29 | Link | Post Comment
AUDUSD broke below the up trend line on 4-hour chart. Sideways consolidation in a range between 0.9541 and 0.9667 could be seen in a couple of days. As long as 1.9493 key support holds, we’d expect up trend to resume and rise to 0.9700 to reach next cycle top on 4-hour chart is possible.

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