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17 August 2009

AUD/USD : USD Downtrend Under Threat

  • AUD/USD chart - representative look of most other FX/USD charts now
  • Last 0.8227 - below 0.8263 weekly chart support
  • TL support on weekly at 0.8099. Close below = raises serious questions about the big USD downtrend view
  • Markets getting very tricky
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