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Australian Dollar Revolve around .7500

By Sam Shenker
24 January 2006 11:41 GMT
However 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.

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24 January 2006 11:41 GMT