AUD/USD
After hitting a high at 1.0330, the AUD/USD has resumed its decline and is testing a support at 1.0156 (23.6% retracement of May to July 2012 upward wave). This signals an acceleration of the downtrend towards 1.0044 (short-term retracement). Breaking below this level would release more downside potential towards 0.9957/70 (short-term retracement and recent low pivot). The initial resistance is located at 1.0260/84. (Short : Stop @ 1.0260 ; Target @ 1,0050)
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NATIXIS