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Australian Dollar Futures Analysis

Posted 06-22-2011 at 09:05 PM by fcfutures

The Australian Dollar is experiencing consolidation within a
high of 1.0628 and a low of 1.0289. We are anticipating a breakout in this market and will be monitoring the direction for an entry. Price breaks below 1.0200 will provide a strong selling opportunity, while a price break above1.0700 will provide a buying opportunity that could continue for an extended period. Check FC Futures online for further updates on this analysis and other market research.

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