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AUDUSD - Technical Chartanalyis (16:00 CET)
02 Nov, 2009 @ 01:15 pm ET | written by Advanced Currency Markets SA
The pair is getting closer for the second time today to the 0.9075 dollars per Australian dollar support, after a 101 pips correction.The bands of Bollinger show a volatility of 100 pips in the hour, while the RSI is around the overselling area. If the trend doesn't shift, the 50-days Mobile Average could consolidate with the price.
Copyright 2009, Advanced Currency Markets SA, Forex Broker, All Rights Reserved
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