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September 13, 2012

AUD/USD turns resistance into support

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The last AUD/USD update noted more room towards a key level around 1.0440 that involved a declining trendline, a previous pivot seen more clearly in teh daily chart, and 61.8% retreacement of the 1.0612 – 1.0166 swing. The AUD/USD stalled here only briefly before breaking this resistance. However,... FF News: Technical

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