Thursday, August 28, 2014

AUD/USD Daily Outlook

Intraday bias in AUD/USD remains mildly on the upside for the moment. A short term bottom is in place at 0.9236, ahead of 0.9211 support. Further rise could be seen back to retest 0.9475/9504 resistance zone. As AUD/USD is held above 38.2% retracement of 0.8659 to 0.9504 at 0.9181, rise



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