AUD/USD Technical Analysis 05.02.2013
AUD/USD Technical Analysis– Prices are testing below support at 1.0246, the 38.2% Fibonacci expansion. A break downward confirmed on a daily closing basis exposes the 50% level at 1.0204. Near-term resistance is at 1.0299, the 23.6% Fib.
Daily Chart - Created Using FXCM Marketscope 2.0
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