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FOREX: Technicals analysis 17.09.2012

17.09.2012

AUD/USD

News background:

After growth amid the Fed's decision to start stimulating the economy great support got the commodity and commodity assets. For this reason, the couple can continue to grow within the existing medium-term trend.

Technical picture:

From a technical point of view, a local couple has potential for growth after a correction. The price is for the Upper Bollinger, MA below 5 and above MA 21.

Oscillator Stoch. is oversold. The RSI indicates the suspension of growth of pair.

Trading recommendations. We buy from the local to 1.0680.

Technical analyst at Forex Bulygina Marina.

Analytical department of Grand Capital

Author: admin

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