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AUD/USD approaches key technical levels, nears late-Jan high

Discussion in 'Technical Analysis' started by ForexLive, Feb 3, 2016.

  1. ForexLive

    ForexLive Forum Member

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    AUD/USD technical analysis The Australian dollar is approaching some critical levels. The January 27 high also corresponds with the 61.8% retracement of the Jan decline. A close just above spot would also sketch a bullish reversal on the chart. A close above 0.7141 would confirm it.

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