Thursday, April 16, 2015

AUD/USD Daily Outlook

AUD/USD rebounds strongly through 0.7737 resistance today but is still held well below 0.7937 resistance. Intraday bias stays neutral for the moment and such rebound is possibly just part of recent consolidation. Outlook also stays bearish with 0.7937 intact and downside breakout is expected. Below 0.7352 will extend the larger



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