Forex Analysis: AUD/USD Classic Technical Report 12.13.2012
Prices are multi-month range resistance at 1.0578, with a break above that exposing a channel line at 1.0633. Channel support is now at 1.0443. A drop below that initially exposes the 1.04 figure.
Daily Chart - Created Using FXCM Marketscope 2.0
--- Written by Ilya Spivak, Currency Strategist for Dailyfx.com
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