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Forex Flash: AUD/USD to target 2 big figure downmove short term - TDS

August 27, 2012 | Filed Under »
Forex pairs in this Article » AUD/USD
FXstreet.com (Barcelona) - The AUD had a third day of edging lower and is currently sitting on important trend support as well as the neckline of a daily head and shoulders formation, says TD Securities Chief FX Strategist Shaun Osborne. "That suggests an extension below here would target roughly a two big figure move in the coming weeks" Shaun said.
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