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AUDUSD






2/9/2015 1:59:50 AM

AUDUSD - Technical Analysis: Monday, 09/02/2015 06:59 GMT



The price move inside the main descending channel, and the exponential moving average 50 supports continuing trading inside this channel.

Gradual rise at the bears’ power indicator, and holding below 0.7865 resistance is important to achieve bearish targets that reach towards 0.7550.


Target
Risk


Support
Resistance


Trend Bearish

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