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CalebDismuke
Mar 9, 2017 4:21 PM

AUD/USD at important support.Will (7500) hold? Long

Australian Dollar/U.S. DollarFXCM

Description

Technically Speaking
The 75 level has been an important pivot going back to September of 2016.

A weekly close below the 75 level and the 100(red line) and 200(green line) DMA's would likely lead to further losses.

If the 7500 level holds, I will be looking for long positions.
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