Tuesday, October 29, 2013

AUD/USD Daily Outlook

A short term top is formed in AUD/USD at 0.9757 after hitting 50% retracement of 1.0581 to 0.8847 at 0.9714. Intraday bias remains mildly on the downside for the moment and deeper pull back would be seen to 0.9280 cluster support (50% retracement of 0.8847 to 0.9757 at 0.9302). Since



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