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Friday, February 17, 2012

AUD/USD 17.02.2012


/ On : 9:57 AM
The AUD / USD yesterday approved a yield higher than 1.07after finding support just above the line in support of its rising wedge previous (brown lines on the graph); bullish slant today .
If the plots ** not seem to understandplease consult the previous analysis.
The course is currently testing resistance next to 1.08.
All indicators are bullish.
We maintain to trade only long positions that the course will be located above 1.0650.
An extension of the course above 1.07 will strengthen our bullishness on parity.
A break of 1.08 will be up a new buy signal for a prolonged bullish.
In case of return of the coursewe will wait until 1.0650 and a break from 1.06 to adviseincoming / not treat more short positions in parity.


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