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AUDUSD Extends Correction, Daily Kijun-Sen Expected To Ideally Contain Dips

Discussion in 'Technical Analysis' started by Kaitlin, Sep 26, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    The Aussie extends corrective easing from 0.7672 peak (posted on 22 Sep) into second day. Friday’s close in red and below daily cloud top at 0.7633, generated negative signal for deeper correction, with the notion being supported by Slow Stochastic that emerges from overbought territory.[​IMG]

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