Forex: AUD/USD Technical Analysis – Upside Breakout in the Works?
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- Prices are edging higher after putting in a bullish Piecing Line candle pattern
- A close above 0.9391 (falling channel top) initially exposes 0.9482 (23.6% Fib exp.)
- Near-term support is at 0.9267 (November 12 low)
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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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