Daily Analysis for AUDUSD, 16.11.2011

The currency pair AUDUSD went down during the yesterday trading session  as the attitude to avoid the risk continued. The 1.03 level appeared to be support. However, the pair will probably head to the 1.02 level. Since the consolidation haven’t been overcame yet, the pair is expected to make a decrease, aiming the 1.02 level.

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