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Thursday, February 2, 2012

AUD/USD 02.02.2012


/ On : 12:51 PM
The AUD / USD has just approved a pause in the rise of resistance located at 1.07 with a new buy signal.
The price is still above the support line of its rising wedge and above long-term upward trend (blue line on the graph).
All indicators are bullish.
We continue to advise treat only as the course will be located above 1.06.
Maintain the current above 1.07 will strengthen our bullishness on parity.
A break of 1.08 then up a buy signal for a new extended upward.
In case of return of the course we will wait for 1.06 and 1.05 out of advising incoming / donot use more short positions on sex.


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