Sunday, December 28, 2014

AUD/USD Daily Outlook

AUD/USD lost downside momentum again with bullish convergence condition seen in 4 hours MACD. But still, break of 0.8375 resistance is needed to confirm near term reversal. Otherwise, outlook wills stay bearish for a test on 0.7945/8066 key support zone. Though, break of 0.8375 will bring stronger rebound back to



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