AUDUSD Classic Technical Report 10.02.2012
Prices are testing below support at 1.0322, the 23.6% Fibonacci expansion, with a break lower exposingthe 38.2% level at 1.0136. Initial trend line resistance lines up at 1.0548, with a break above that aiming for the 1.0612-24 region marked by the August 9 and September 14 swing highs.
Daily Chart - Created Using FXCM Marketscope 2.0
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