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Sep 21

TECHNICAL ANALYSIS BY NSFX 21.09.2015

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As it can be seen on the D1 chart, AUDUSD failed to regain the 0.7200 mark and came under pressure on Monday, weighed by weak Chinese data, having dropped more than half a cent throughout the day. AUDUSD bottomed out at 0.7060 but found support and managed to trim some of its losses following below expectations US housing data. At time of writing, the pair is trading at 0.7147.

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