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31 Mar 2015
SEB: AUD/USD targeting 0.7591 next – eFXnews
FXStreet (Barcelona) - The eFXnews Team notes SEB views that the recent price action in AUD/USD has exposed 0.7591 and 0.7561 levels.
Key Quotes
“The slump is accelerating and prior lows at 0.7591 & 0.7561 have become exposed.”
“There is newly established mid-body point resistance at 0.7700 which ought to cap any upside attempt.”
“Current intraday stretches are located at 0.7580 & 0.7735 (as defined by a 21hr exponential moving average +/-1% deviation).”
This content has been provided under specific arrangement with eFXnews.
Key Quotes
“The slump is accelerating and prior lows at 0.7591 & 0.7561 have become exposed.”
“There is newly established mid-body point resistance at 0.7700 which ought to cap any upside attempt.”
“Current intraday stretches are located at 0.7580 & 0.7735 (as defined by a 21hr exponential moving average +/-1% deviation).”
This content has been provided under specific arrangement with eFXnews.