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July 12, 2012

AUD/USD falls sharply after terrible Australian jobs data for June

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The AUD/USD has been maintaining a bullish stance for the most part throughout the week, making new highs every session as seen in the 1H chart. The 1H RSI tagged 70 during the 7/11 session, with price topping near 1.0280. However, 7/11 price action has been bearish, weighed down further after the... FF News: Technical

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