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Wednesday 17 December 2014

AUDNZD Trend & Momentum 17-Dec-2014

AUDNZD stays around 1.053. The latest trend and momentum indicates AUDNZD is expected to go up in a next one week.

Downside risk is that AUD has relatively vulnerable for crude oil price down for last some weeks, and uncertainty of further downturn in crude oil market. It could be downside risk at AUD.


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