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Friday 21st, November 2008 -- 21:02 GMT
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Australian Dollar Technical Outlook
Posted: 19-08-2008 , 17:34 GMT

The AUDUSD continues to consolidate near its recent low. 



The consolidation is probably a 4th wave triangle that will give way to a 5th wave terminal thrust.  Expect a new low, below .8591.  The psychological .85 level is potential support.  

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