Tuesday, September 17, 2013

AUD/USD Daily Outlook

With 0.9223 minor support intact, further rise could be seen in AUD/USD. But again, rebound from 0.8847 is is viewed as a correction. Thus, we'd be cautious on strong resistance from 38.2% retracement of 1.0581 to 0.8847 at 0.9509 to limit upside and bring reversal. Meanwhile, break of 0.9223 support



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