Friday, November 1, 2013

AUD/USD Weekly Outlook

The decline from 0.9757 extended lower last week and initial bias remains on the downside for deeper fall. At this point, we're treating such decline as a correction. Thus, we'd expect strong support from 0.9280 cluster support (50% retracement of 0.8847 to 0.9757 at 0.9302) to contain downside and bring



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