As discussed inThe AUD is becoming extremely overbought. (update 12) - Australian/QLD floods disaster, 2011 GDP will be stripped prolonged AUD selling was all on news regarding Queensland floods. The 50ma has been knocked out, HFT trades close to the daily upper/lower bollinger bands this may change once a flash sell kicks in in GMT trading.
If the 100ma at 0.982 is knocked out all below handles should go also, possible finding support on the Oct 5th 2010 0.95 handle
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