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Feb 24

TECHNICAL ANALYSIS BY NSFX 24.02.2016

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High:  Low: 

AUDUSD reached as high as 0.7258 but has faded alongside broad sentiment and commodities.Even though the pair falls back from a fresh monthly high, the pair may continue to retrace the decline from December as long as the Relative Strength Index (RSI) retains the bullish formation from earlier this year.

R3
R2
R1
S1
S2
S3