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AUDUSD






12/8/2014 2:02:15 AM

AUDUSD - Technical Analysis: Monday, 08/12/2014 07:02 GMT



Strong break to the main descending channel’s support opens the way to extend the bearish wave, supported by the bearish trend of stochastic.

The negative pressure of the exponential moving average 50, and the bears’ power indicator rise.


Target
Risk


Support
Resistance


Trend Bearish

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