Wednesday, October 1, 2014

AUD/USD Daily Outlook

AUD/USD's rebound suggests that a short term bottom is formed at 0.8862, just ahead of 0.8659 key support level, on bullish convergence condition in 4 hours MACD. Intraday bias is mildly on the upside for recovery. But upside should be limited by 0.8983 cluster resistance (38.2% retracement of 0.9504 to



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