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Thursday, December 19, 2013

AUD/NZD - Is the low finally in place?

AUD/NZD:

The ending diagonal (turned into an expanded ending diagonal) finally seems to have ended and we should now look for a break above 1.0832 and more importantly a break above 1.088, which  confirms, that an important bottom is in place at 1.0719 for a rally higher towards 1.1581.



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