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June 18, 2012

AUDUSD: Recovery Tone Intact While Above 1.0001/2 Levels

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With the pair holding firmly above its broken resistance at the 1.0001/2 levels, the risk is for more recovery to occur. This will leave further upside towards the 1.0143 level. Further out, resistance resides at the 1.0218 level. Its daily RSI is bullish and pointing higher supporting this view. On... FF News: Technical

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