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Australian Dollar Revolve around .7500
By Sam ShenkerHowever in case the pair fails to reach .7564,
a subsequent reversal will most likely see the US dollar longs test the Aussie
bids around .7439, a 38.2 Fib of the .7798-.7236 USD rally. Indicators are supporting Australian dollar
longs with both positive momentum indicator and positive MACD above the zero
line, while neutral oscillators give either side enough room to maneuver.
- Oct, 17 00:12 GMT Euro Near Major Top Against US Dollar, but Timing Anything but Clear
- Oct, 17 00:01 GMT British Pound Looks to 3Q GDP to Keep the Bullish Momentum
- Oct, 17 00:01 GMT Japanese Yen Relinquishes its Top Safe Haven Status to the Dollar
- Oct, 16 23:40 GMT US Dollar May Be Setting Stage for Advance
- Oct, 16 23:39 GMT Canadian Dollar May Come Under Pressure Ahead of BOC Decision
- Jan, 23 12:09 GMT Australian Dollar Holds Bids Around .7500
- Jan, 20 13:21 GMT Australian Dollar Stalls Above .7400
- Jan, 19 12:03 GMT Australian Dollar Tumbles Toward .7400
- Jan, 19 12:00 GMT Australian Dollar Tumbles Toward .7400
- Jan, 18 12:38 GMT Australian Dollar Drops Below .7500

