AUD/USD: Short-term exhaustion warns of a recovery higher

AUD/USD appears exhausted following a substantial fall last week. With this is mind a recovery back towards the recent 1.0115 low (03/04/2013) and possibly the 1.0200 region remains possible. However, as noted last week the failure to hold above 1.0115 on a weekly closing basis leads to …

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AUD/USD: Short-term exhaustion warns of a recovery higher

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