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Dec 11

TECHNICAL ANALYSIS BY NSFX 11.12.2015

By:

High:  Low: 

AUDUSD retested 0.7200 support levels before bouncing higher again. We are at the sell side. The pair is oversold. 0.7370 – 0.7385 is on the upside, 0.7140 – 0.7155 is on the downside. Looking at the daily chart, the 38.2% at 0.7380 areas has been a ceiling area for the pair.

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