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June 19, 2012

AUD/USD Breaking Above the 2012 Trendline

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The AUD/USD is continuing a rally that began at the beginning of June. The daily chart shows that this rally is today starting to push above some key levels. Against the April-May decline from 1.0472 to 0.9595, the recovery has retraced more than 61.8% retracement after pushing above 1.0137. There... FF News: Technical

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