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FXHighway
Apr 17, 2014 7:15 AM

(Update): AUDNZD hits the initial targets Long

Australian Dollar/New Zealand DollarFXCM

Description

AUDNZD paid managed to move upward touching 1.0900 barrier, hitting the first target of the inverted head and shoulders' pattern, and organized well inside the ascending channel that appears on the chart.

Potential visit to 1.0800 might precede continuing the bullish actions towards 1.0950.

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