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AUDNZD Weekly Technical Outlook | December 20, 2014



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AUDNZD is staying on its historical support area. This level is key point for this pair. If this pair break this support, then we can see rapid fall on this pair. On daily chart, we can see a doji pattern. It creates indecision situation. So with the range of this doji, we can take safe entry. Above 1.0599, we can take buy entry. Below 1.0473 area, we can take sell entry and take profit will be 150-200 pips.



Weekly Pivot, Support and Resistance


Resistance Two (R2): 1.0719

Resistance One (R1): 1.0613

Pivot Point: 1.0544

Support One (S1): 1.0438

Support Two (S2): 1.0369


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