Monday, February 3, 2014

AUD/USD Daily Outlook

AUD/USD's rebound from 0.8659 extends higher today and intraday bias is now mildly on the upside for 0.8887 resistance. Break will argues that a short term bottom is at least in place at 0.8659. Considering bullish convergence condition in daily MACD, the larger trend might be reversing too. In such



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