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Feb 15

TECHNICAL ANALYSIS BY NSFX 15.02.2015

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High:  Low: 

The rate made a bullish double spike in area 0.7626 and the RSI indicator left the oversold area. Is likely a rally to test  the supply line that was generated last September, and if the pair will make a breakout the next target should be 0.8387. Below 0.7626 many stop losses will be triggered and AudUsd might slide to 0.7452 and then to 0.7231.

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