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AUDUSD Weekly Analysis - April 12, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 12 April 2015 06:11 UTC
AUDUSD remains in downtrend from 0.9504 (Jul 1, 2014 high). Further decline could be expected over the next several weeks, and next target would be at 0.7000 area. Key resistance is now at 0.7938, only break above this level could signal completion of the downtrend.

audusd chart

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