LiteForex - Analytics


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    AUD/USD: technical analysis on 20.11.2015

    On the daily chart, the pair is growing towards the upper MA of Bollinger Bands. The price remains just above the EMA65 that turned horizontally, but below the EMA130 heading down. Both the RSI and Composite formed a divergence with the price indicating the possibility of a fall. However, their MA’s currently do not represent market weakness. 


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