Monday, March 4, 2013

AUD/USD Breaks Below Support, at 8 month low

AUD/USD finally broke down below the wide trading range that characterized it since July 2012. On the hourly chart, we can also see a breakdown of a downtrend channel. Recent economic data sent the pair lower. Is AUDUSD parity the next stop? Aussie/dollar extended its slide in the new week. The main economic indicator that
Read More... [Source: Forex Crunch - Posted by FreeAutoBlogger]

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