Australian Dollar Poised to Test Major Lows
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Trade Implications – AUDUSD: The system is currently short the Australian Dollar from $0.9007, and our Senior Technical Strategist favors an AUDUSD short position as long as price remains below key resistance at $0.9150. Targets start at multi-year lows near $0.8850.
--- Written by David Rodriguez, Quantitative Strategist for DailyFX.com
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