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Audusd Formed A Short Term Cycle Top At 0.9252

Posted on 03/31/2008 18:08:23 | Link | Post Comment

AUDUSD broke below 0.9121 key support and formed a short term cycle top at 0.9252 level. Further fall to test 0.8953 previous low is possible in a couple of days. Key resistance is at 0.9252, as long as this resistance holds, we’d expect down trend to continue.

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