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    AUD/USD: technical analysis on 16.11.2015

    On the daily chart, the pair is falling along the lower Bollinger band. The price remains below its EMA130 and EMA65, both directed down. The RSI broke out its longer MA and now turned to test it from the above. The Composite also broke out its longer MA and is now turning down as well. The indicator, however, formed a divergence with the RSI and with the price suggesting the possibility of a fall in the pair.

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