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FXA USA Market Analyses
  • AUD/USD Tests 0.9500 0 comments
    Oct 30, 2013 4:15 AM

    The Aussie against the US Dollar is currently testing 0.9500, the 2nd 100-pip Scalar retracement level on the sell-side. The next level to test is 0.9200 with a very low probability as it is the 1st Scalar retracement level. With the current retest, the pair forms another top at 0.9700. A break at this point will also provide a low probability of testing as it is once again the 1st Scalar retracement level. SEE CHART HERE.

    (click to enlarge)

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