AUD/CAD
After a consolidation in the recent sessions, the cross held above a support at 1,0414 (support line linkink May & July 2012 low pivots). This support now stands at 1,0427 and above this level, a return to the recent high at 1,0519 is exopected. A break above this threshold would prolong the recovery toward the next resistance at 1,0589 (retracement of 76% of the downtrend between February & May 2012). Key support is at 1,0427. Buy (stop @ 1,0426 – Target @ 1,0587)
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NATIXIS