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AUD/USD Technical Analysis Aug 1, 2011

posted by Avatar FXEmpire 1088 days ago in USD, AUD, Technical made popular 1088 days ago

The AUD/USD pair fell on Friday, but bounced to form a hammer just at the 1.10 line. This suggests that the pair has found support at about the 1.09, just as we stated it might yesterday. Because of this, we like buying this pair on a break of the Friday highs.
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