Wednesday, December 25, 2013

AUD/USD Technicals - Mild Support Seen Versus Strong Bearish Backdrop

Aussie Dollar follows the trend of all major currencies that are finding themselves losing ground against a marauding USD on boxing day. However, compared to the rest of its counterparts, the decline in AUD/USD is the strongest, highlighting the immense bearish pressure that AUD is currently under. Prices have fallen



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