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  1. AUD/USD Technical Analysis: Reversal Lower Hinted Ahead

    by , 03-10-2016 at 12:11 PM
    Talking Points:
    • AUD/USD Technical Strategy: Flat
    • Aussie hits 8-month high but RSI divergence warns of downturn ahead
    • Waiting for technical confirmation, passage of event risk to enter short

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    The Australian Dollar resumed the push upward against its US counterpart after brief one-day respite, rising to the strongest level in eight months. The emergence of negative RSI divergence warns of ebbing upside momentum however, hinting a ...