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Friday, November 30, 2012

Analysis AUDUSD



On 1 hour time frames bearish momentum it seems for audusd pair. The prices try to breaking bottom of trading range (3/8) 1.0422. The price below moving averages (21) and the shi channel is on a downtrend. Now the prices seems to move lower until meet ultimate support - extremely oversold (0/8) 1.0376.

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