Point and Figure AUD/USD analysis for February 9, 2012
The AUD/USD currency pair gave us a strong buy signal after passing the 1.079 level.
The upside trend remains strong, which enables us to expect the resumption of the upside movement today.
1.070 is the support level which in case of being overcome will extend the downside movement up to the additional uptrend line at 1.064.
The material has been provided by Instaforex Company – instaforex.com
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