Sunday, November 30, 2014

AUD/USD Daily Outlook

AUD/USD opened the week low and drops to as low as 0.8416 so far. 61.8% projection of 0.9401 to 0.8642 from 0.8910 at 0.8441 was already met. Intraday bias remains on the downside for 100% projection at 0.8151 next. On the upside, above 0.8539 minor resistance will turn bias neutral and bring consolidations before staging another decline.



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