Wednesday, June 18, 2014

AUD/USD Daily Outlook

AUD/USD got strong support after dipping to 0.9321 and recovered. Intraday bias remains neutral first. Above 0.9437 will target 0.9460 and break will resume whole rally from 0.8659. In such case, AUD/USD should target medium term fibonacci level at 0.9583 next. Meanwhile, below 0.9321 will suggest that consolidation from 0.9460



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