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AUD/USD Forecast 17 August 15
Saturday, August 15, 2015 10:24
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We previously note bearish pressure for the AUD/USD and it is likely not to pass in the near future.
Technical Analysis
Looking at the AUD/USD weekly chart above we note that the currency pair was slightly down for the week. The long candle is indicative of the volatility experienced due to the yuan devaluation.
Source: http://www.fxinstructor.com/blog/audusd-forecast-17-august-15
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