Forex: AUD/USD Technical Analysis – Flirting with 0.96 Mark
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- Prices turned lower as expected, clearing trend line support set from late September
- Support is now at 0.9573 (38.2% Fib); below that eyes 0.9517 (50% Fib)
- Above 0.9643 (23.6% Fib) targets 0.9757 (Oct high); we are holding long for now
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Daily Chart - Created Using FXCM Marketscope 2.0
--- Written by Ilya Spivak, Currency Strategist for DailyFX.com
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