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Friday, February 17, 2012

EUR/AUD 17.02.2012


/ On : 9:47 AM
The EUR / AUD continues its evolution in the medium to 1.22.
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 below1.23.
An extension of the course under 1.2250 will strengthen our bearish sentiment on parity.
Breaks down, from 1.22 to 1.2150, then offer new sell signals.
In case of return of the course above 1.23 so we'll wait a bullish break of 1.24 to adviseincoming / not treat more long positions in parity.


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