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Aussie Dollar Setting up for Further Upside Gains

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 19, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Last week saw a volatile Australian Dollar, as the pair experienced some sharp swings after some mixed US economic results, as well as an AUD Employment Change result that was disappointing. However, the pair is now setting up for a bullish push with price action having entered a support zone. The Aussie Dollar had an exceedingly volatile week as the currency was whipsawed by a range of economic data from both the US and China. Chinese trade figures showed some significant weakness as their

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