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Australian Dollar Technical Outlook
Thursday, 02 July 2009 14:09:20 GMT  |  Jamie Saettele, Senior Currency Strategist
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The AUDUSD decline from .8269 is corrective in nature therefore odds favor a rally through that level prior to a top and reversal.  The rally through .8124 favors bulls and the trend is bullish as long as price is above .7925.  Coming below .7925 would expose .7786 and the risk of a breakdown.

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