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Thursday, February 16, 2012

EUR/AUD 16.02.2012


/ On : 10:33 AM
The EUR / AUD yesterday relaunched its bearish rally.
The course is still below its long-term downward slant (purple line on the graph).
All indicators are bearish.
We maintain to do more than treat the short positions that the course will be located below1.33.
An extension of the course under 1.3350 will strengthen our bearish sentiment on parity.
Breaks down to 1.32 to 1.3150then offer new sell signals.
In case of return of the course above 1.33 so we'll wait a bullish break of 1.34 to adviseincoming / not treat more long positions in parity.


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