Technicals | Oct 04 2011
Australian Dollar Focus Is On Channel Below 9500
By Jamie Saettele
Prepared by Jamie Saettele, CMT
The AUDUSD continues to slide and focus is on several big levels, including the November 2010 low at 9537 and the 2009-2010 double top at 9400. The channel that defines the trend since the July top is of particular interest and crosses 9455 today (decreases about 10 pips per day).
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