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AUDUSD






12/1/2014 2:26:40 AM

AUDUSD - Technical Analysis: Monday, 01/12/2014 07:26 GMT



Clear break to the critical bearish trend line and settling below it supports targeting the descending channel’s support line that appears on image.

Negative pressure coming from the exponential moving average 50, and bearish signal from stochastic.


Target
Risk


Support
Resistance


Trend Bearish

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