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AUD/USD technicals: breach of bullish trendline

By Sean Lee  || July 2, 2009 at 22:04 GMT
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audusddailyLonger term bulls will not be dissuaded by this mornings break of the longer term bullish trend line but we may see some lower levels in the short term. We haven’t yet had a 5/15 MA bearish cross but it looks likely and will lead to more model fund selling.

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Category: All, Asia, Techs
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