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MIG Bank

MIG Bank

MIG BANK, formerly known as MIG INVESTMENTS, was established in Neuchatel, Switzerland as an online Forex broker and in 2009 became the world's 1st Forex…

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AUD/USD: Grinding Higher

AUD/USD has moved above its hourly resistance at 1.0444 (08/11/2012 high). A new test of the resistance at 1.0475 (28/09/2012 high) is likely. The key support area is defined by the rising trendline and 1.0360 (09/11/2012 low).

AUD/USD is moving within a medium-term horizontal range defined by the support at 1.0177 (25/07/2012 low) and the resistance at 1.0613 (09/08/2012 high).

Daily Technical Report

 

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