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Aug 16

TECHNICAL ANALYSIS BY NSFX 16.08.2015

By:

High:  Low: 

The pair made a bullish spike near it multiple bottom and made a breakout of its medium term supply line, a price pattern that can be considered a trade reversal. AudUsd can test the 55EMA in area 0.746 and then rise to 0.773. Below 0.7234 the rate can slide to 0.70.

R3
R2
R1
S1
S2
S3