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GBP/AUD Moves Toward 25-Year Low
Written by article default Wednesday, 06 October 2010 21:20
This daily chart shows a market that is poised to test that 25-year low at the 1.62296 level. A move down through that level would confirm the strong bearish trend and perhaps open the door to more selling pressure. I would continue to look for sells as long as the pair remains below the 1.67387 high noted on the chart.
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