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Forex technical analysis: AUDUSD bouncing off 200 hour MA on test

Discussion in 'Technical Analysis' started by ForexLive, Nov 13, 2015.

  1. ForexLive

    ForexLive Forum Member

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    200 hour MA at 0.7108 The US Michigan Consumer Sentiment came in at 93.1, the highest level since July (exp 91.5). The AUDUSD fell on the print, hit the 200 hour MA and bounced. The 200 hour MA comes in at 0.71086. The holding of the line increases the levels importance going forward.

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