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Monday, 22 July 2013

2013.07.22 14:52:54 CHART FOCUS: AUD/USD STOP TIGHT BUT RISK FREE

Source: Thomson Reuters
  • short at 0.9250 for a bearish resumption towards July 15 0.9122 low

  • Spot seems to be building for a reversal higher

  • Daily momentum could well finish positive at today's close

  • A daily close above the 30-dma at 0.9255 needed to defer

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