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AUDUSD: Price Stalls Ahead Of 0.7381, Vulnerable

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Oct 15, 2015.

  1. Sandra S.

    Sandra S. Forum Member

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    AUDUSD: The pair turned lower ahead of its overhead resistance at the 0.7381 level during Thursday trading session. This suggests on continued trading below the mentioned support, further bear threats cannot be ruled out. On the downside, support comes in at the 0.7250 level where a breach will aim at the 0.7200 level. Below that level will set the stage for a run at the 0.7150 level with a cut through here targeting further downside pressure towards the 0.7100 level. Its daily RSI is bearish

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