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FXA USA Market Analyses
  • Aussie-Kiwi Retesting 10% Above Par 0 comments
    Aug 11, 2014 8:34 PM

    AUD/NZD at 1.10, a key long-term psychological level is again being tested. The formation of the 2nd 500-pip scale bottom last year seems to haunt global traders as direction is nowhere to be found. One thing is certain, as history tells us - that a par-level on this pair has a very high probability of an instant retracement back to 1.05. SEE CHART HERE.

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