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Daily FX Report

Discussion in 'Technical Analysis' started by ActionForex.com, Jul 29, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

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    Since the beginning of March, the AUD/USD has been trading in an upward trend channel. If the support level at 0.9501 is strong enough, the AUD will increase and cross the resistance at 1.9641. This development would fit the long-term trend.

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