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AUD/USD Chart – Downtrend intact (for now)

Posted on November 24, 2011 by World Markets
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AUDUSD has been in a continous downtrend since late October. Yesterday it broke through the bottom of the downtrend channel at 0.9800, opening up the sub 0.9400 target, the early October lows.  Given the overall risk environment and equity markets … Read more

Posted in Currency Chart Commentary | Tagged AUD/USD, downtrend, short | Leave a reply
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