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AUD/USD Technical Analysis 04.09.2013

Ilya Spivak

AUD/USD Technical Analysis– Prices are testing above resistance at 1.0438, the 23.6% Fibonacci expansion. A break above that targets the 38.2% level at 1.0493. Near-term support is at 1.0348, the April 8 swing low.

Forex_AUDUSD_Technical_Analysis_04.09.2013_body_Picture_5.png, AUD/USD Technical Analysis 04.09.2013

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--- Written by Ilya Spivak, Currency Strategist for Dailyfx.com

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