Saturday, January 31, 2015

AUD/USD Weekly Outlook

AUD/USD's down trend continued last week and met mentioned target of 61.8% projection of 0.8910 to 0.8032 from 0.8294 at 0.7751. There is no sign of reversal yet and further decline should be seen in near term to 100% projection at 0.7416 next. On the upside, break of 0.8024 resistance



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