Forex Analysis: AUDUSD Classic Technical Report 11.08.2012
Prices are retesting resistance-turned-support at 1.0410, with a break back below that exposing rising trend line support at 1.0357 and a range bottom at 1.0173. Long-term falling trend line resistance is at 1.0505, with a push above that targeting 1.0578.
Daily Chart - Created Using FXCM Marketscope 2.0
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