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AUD/USD on its way to 0.7830 - Socgen

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Apr 3, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    Analysts at Societe Generale argued that early symptoms of stabilization are visible in AUD/USD.

    Key Quotes:

    "Monthly stochastic is close to floor suggesting possibility of recovery."

    "Short term, it has confirmed a double bottom and looks poised to head towards 0.80 with intermittent target at 0.7830, a projection for the up move."
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