pornfree porn Technical analysis for AUDUSD on 27.08.13
  • Technical analysis for AUDUSD on 27.08.13

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    Technical analysisEven despite negative fundamental data on the USD, the AUD/USD failed to cross a strong resistance level of 0.9045.

    Direction

    Period

    Expected price dynamics

    Price movement corridor

    ↑↓

    1 day

    ≈110 pips

    Max. 0.9100

    Min. 0.8800

    AUDUSD technical analysis on 27.08.13

    A rebound from this level went along the price fall. Now the price breaks the support level of 0.8975, so the fall is expected to continue. The closest target will be set at another support level of 0.8930. A break down will open the way down to 0.8865.

    Alternative forecast

    AUDUSD technical analysis on 27.08.13

    If the price fails to break and consolidate below the support level of 0.8930, it is expected to consolidate with upcoming rise to the resistance level of 0.8975. Breaking the level of 0.8975 will let the price move to 0.9000.

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