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  1. AUDUSD Impulse Wave Gaining FX Momentum

    by , 08-21-2014 at 05:39 PM


    AUDUSD has been in a steady downtrend as the latest test of the falling trend channel resistance is showing downside FX momentum. This marks the third impulse wave lower, which might last until the bottom of the channel at the .9150 minor psychological level.

    Earlier in today’s Asian trading session, the HSBC flash manufacturing PMI for China showed weaker than expected results, leading ...
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