Action Insight-Forex Analysis – AUD/USD Daily Outlook

Intraday bias in AUD/USD remains neutral for the moment as consolidations from 0.8577 continues. Stronger recovery might be seen but after all, upside is expected to be by 38.2% retracement of 0.9327 to 0.8577 at 0.8864 and bring fall resumption. Break of 0.8577 and sustained trading below23.6% retracement of 0.6008…
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This entry was posted on Tuesday, February 9th, 2010 at 12:20 am and is filed under Forex Trading News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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