Action Insight-Forex Analysis – AUD/USD Daily Outlook

admin — Fri, 29 Jan 2010 15:30:02 +0000

AUD/USD’s fall resumes by taking out 0.8909 and reaches as low as

0.8888 so far. Current decline is still expected to continue as long as 0.9048 minor resistance holds and should target 0.8734 support next. On the upside, above 0.9048 will indicate that a short term bottom might be formed…
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