The Australian dollar is under bullish force. This pair has been reacting to 1.0230/00 level, an area which is becoming very strong support. The exponential moving average of 200 is in the area of 1.0345, below this level it is suggested to sell, because the pair is approaching a resistance level, in the short term we place our target at fractal 1.0230.
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For detail explanation and best discovery on market trends you may visit via AUD/USD EMA 200 - for March 12, 2013 (daily strategy) . Thanks for your support on AUD/USD EMA 200 - for March 12, 2013 (daily strategy)
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