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AUD/USD Reaches Upside Target, Bullish Bias

posted by Avatar jameschen 662 days ago in USD, AUD, Technical made popular 662 days ago

AUD/USD (a 4-hour chart of which is shown) as of Monday (8/02/2010) has closely approached its upside resistance target in the 0.9150 price region after breaking out today above last week’s high of 0.9067. This breakout confirms the continuation of a strong uptrend
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