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Chart Of The Day: AUD/NZD

Discussion in 'Technical Analysis' started by ActionForex.com, Apr 11, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    The long-term AUD/NZD WEEKLY chart, as shown, is displaying some strong support/resistance dynamics at play. Perhaps most importantly, the horizontal support/resistance level around the 1.1750 region, as represented on the chart by the long yellow line, signifies a key long-term price zone. Multiple touches on both sides of this line...

    complete article here...

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