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Chart Of The Day: AUD/USD

Discussion in 'Technical Analysis' started by ActionForex.com, Aug 22, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
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    After the steep plunge in the first half of August on the AUD/USD (a daily chart of which is shown), price has consolidated into a rough inverted flag formation. For the time being, this consolidation may persist. But a strong break below the flag would indicate a potential continuation of...

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