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Regular Bearish Divergence AUD/NZD

Discussion in 'Other Currency Pairs' started by DannyBly, Jun 25, 2008.

  1. DannyBly

    DannyBly New Member

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    Price having broken out from the trend channel as shown on the daily chart continues to make higher highs. Meanwhile RSI has been making lower highs, suggesting a possible trend reversal. Support should exist along the upper trend channel line (formerly resistance).

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    Analysis By TradersLog.com
     
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