Monday, April 20, 2015

AUD/USD Daily Outlook

AUD/USD's recovery was limited at 0.7841 and weakened from there. It's bounded in range of 0.7532/7937 and intraday bias stays neutral. With 0.7937 resistance intact, the larger down trend is still expected to resume later. Break of 0.7532 will extend the larger decline from 0.9504 to next fibonacci level at

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