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AUDUSD Continues To Trend Lower, Daily Tenkan/Kijun-Sen Supports Are Out, Rising Daily...

Discussion in 'Technical Analysis' started by Kaitlin, Sep 9, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    Aussie dollar remains under pressure and trades in red for the third consecutive day, as yesterday’s bearish daily candle with long upper shadow, maintains negative tone. Fresh weakness probes below the set of strong supports at 0.7623/0.7609 (daily Kijun-sen/Tenkan-sen lines), with the latter also marking the mid-point of 0.7488/0.7730 recovery[​IMG]

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