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Forex technical analysis: AUDNZD tests 100 hour MA

Discussion in 'Technical Analysis' started by ForexLive, Nov 26, 2015.

  1. ForexLive

    ForexLive Forum Member

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    Stall and falls to support Today a move below the 1.1043 level (see green circles in the chart below), has led to a further probe to the downside and test of the 100 hour moving average at the 1.1020 level (blue line chart below). Traders are defending that level on the 1st test.

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