Wednesday, October 23, 2013

AUD/USD Daily Outlook

A temporary top is in place at 0.9757 in AUD/USD and intraday bias is turned neutral first. As the pair has just met 50% retracement of 1.0581 to 0.8847 at 0.9714, we'd be cautious on reversal and will focus on 0.9528 resistance turned support. Break there will indicate that a



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