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Currencies AUD Chart of the Day for July 12th, 2013 – AUD/USD

By Ilya Spivak

Prices are testing support at 0.9035, the July 3 low, with a break beneath that eyeing the 61.8% Fibonacci expansion at 0.8889. Falling channel resistance is at 0.9184, with a reversal above that targeting the 23.6% Fib retracement at 0.9400.

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