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AUDUSD






12/12/2014 1:55:26 AM

AUDUSD - Technical Analysis: Friday, 12/12/2014 06:55 GMT



The negative technical formation support line was broken, which pushed the price to test the descending channel’s support.

Stochastic positivity might lead to visit the descending channel’s resistance normally before declining again.

The exponential moving average 50 still pushing negatively on trading.


Target
Risk


Support
Resistance


Trend Bearish

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