Friday, October 11, 2013

AUD/USD Weekly Outlook

AUD/USD stayed in range below 0.9528 last week and initial bias remains neutral this week first. Above 0.9528 will extend the rebound from 0.8847 to 50% retracement of 1.0581 to 0.8847 at 0.9714 and above. On the downside, below 0.9280 will revive the case that rebound from 0.8847 has completed



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