Monday, December 30, 2013

AUD/USD Daily Outlook

AUD/USD was supported above 0.8821 temporary low and recovered again. Intraday bias remains neutral first. Nonetheless, with 0.8986 minor resistance intact, near term outlooks stays bearish. Sustained break of 0.8847 will pave the way to next medium term fibonacci level at 0.8544. However, considering bullish convergence condition in 4 hours



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