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AUD/USD technical from SG – looking for multi month trend as significant support

March 31, 2018/0 Comments/in Technical Analysis, Uncategorized Echo_10 /by euitsols

Société Générale technical analysis on the Australian dollar

Rebound in AUD/USD petered out near our advocated level of 0.7990.
It has now almost reached our first downside objective at 0.7650.
Short term, a choppy recovery has taken shape however 0.79/0.7920 should contain it.
Multi month trend at 0.7570/0.7480 remains a significant support.

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