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Aussie Dollar Signals Bears in Control

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Aug 19, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    The Australian Dollar has been relatively bullish of late as the pair continues to trade within a relatively robust pricing channel. However, despite the medium term buoyant direction, price action has just broken down below the 100 period EMA (4-hr) signalling that there could be some bearish activity ahead.[​IMG]

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