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Dec 30

TECHNICAL ANALYSIS BY NSFX 30.12.2015

By:

High:  Low: 

The 4H chart view presented might be indicating that the AUDUSD pair could retrace lower, at least towards mid 0.7100 levels, before rallying further. Overall outlook in the pair is unchanged that price actions from 0.6905 are forming a consolidation pattern.

R3
R2
R1
S1
S2
S3