oakman

AU---Watch for a possible retrace from here.

FX:AUDUSD   Australian Dollar/U.S. Dollar
32 0 3
This level could be a possible level of support. Watch this one closer next week to see if indeed price action confirms a possible bounce to the upside. It has had heavy selling pressure recently with very little retrace; but as you can see this price level has a history of being support and resistance . It is also at a midpoint on the Andrew's Pitchfork which gives another clue to a possible bounce from here.
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