Forex: AUD/USD Technical Analysis – Clearing a Path Below 0.90?
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- Prices are probing below support at 0.9073 (76.4% Fib expansion)
- A break on a daily closing basis exposes the 0.90 figure, 0.8958 (100% Fib)
- Turning above resistance at 0.9145 (61.8% Fib exp.) targets 0.9202 (50% Fib)
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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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