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Looking to Buy EUR/AUD

Looking to Buy EUR/AUD

2012-01-05 11:01:00
Joel Kruger, Technical Strategist
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This market has finally managed to take out the record lows from 1989 to leave technical studies well overextended. Short-term medium-term and longer-term studies are all looking stretched and we will look for an opportunity to buy once the market start to show some form of corrective relief.

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

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