AUD/USD – Approaching a key support area

AUD/USD has moved below its support at 1.0227 (12/02/2013 low). Monitor the test of the key support area between 1.0177 and 1.0149. An hourly resistance is at 1.0244 (intraday high). • AUD/USD is moving within the medium-term horizontal range defined by the support at 1.0149 (08/10/2012 low) a…

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AUD/USD – Approaching a key support area