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Old 09-04-2008, 01:49 PM   #1
Action Forex
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Default AUD/USD Daily Outlook

AUD/USD recovers mildly after reaching as low s 0.8233 and touching of 0.8393 minor resistance, with 4 hours MACD crossed above signal line, indicates that an intraday low is in place. Intraday outlook is turned neutral for the moment and further consolidation could be seen. But consolidation should be brief...

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