Saturday, March 28, 2015

AUD/USD Weekly Outlook

AUD/USD breached 0.7912 resistance briefly last week but couldn't sustain above that level and reversed. Near term outlook stays bearish with price actions from 0.7559 seen as a correction. The larger down trend is expected to resume later and break of 0.7559 will target next fibonacci level at 0.7182. However,



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