Epic Research Singapore : Call Update

AUD/USD reached but was rejected by the 55 day moving average at .9218, said Alex Rudolph, technical analyst at Commerzbank.

"Between it and the .9319 July high we thus saw failure and the resumption of the longer term bearish trend as expected

Once last week's low at .9058 has been slipped through, a tumble back towards the .9038/.8999 support zone (early and mid-July lows) should be seen,

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