AUDUSD Classic Technical Report 10.03.2012
Prices broke below support at 1.0322, the 23.6% Fibonacci expansion, exposingthe 38.2% level at 1.0136. A push below that exposes the 50% Fib at 0.9985. The 1.0322 level has been recast as resistance, with a break above that exposing trend line resistance at 1.0548.
Daily Chart - Created Using FXCM Marketscope 2.0
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