Wednesday, October 2, 2013

AUD/USD Candlesticks and Ichimoku Analysis

Aussie's retreat after last month's rise to 0.9524-29 suggests consolidation below this level would be seen and initial downside risk remains for correction to the upper Kumo (now at 0.9252), however, reckon the Kijun-Sen (now at 0.9211) would limit downside and bring another rise later, above said resistance would extend



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