AUD/USD key level of 1.0307 - daily strategy for February 20, 2013

The Australian dollar, could not overcome the strong resistance level of 1.0365, the pair in this area has had five attempts to overcome and break it, but without success. This morning in the US session, the pair is trading at the 1.0307 key level (fractal and 200 day moving average). If the pair closes below 1.0290, again can be pushed down to the level of 1. 0230 first key support, on the other hand, above 1.0310, the pair will give impulse to break the resistance of 1.0365. I recommend that you to note these levels.

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