AUD/USD Technical Analysis: Support Above 0.94 Revisited
AUD/USD Technical Analysis– Prices are testing support is at 0.9415, the 23.6% Fibonacci expansion, with a break beneath that targeting the 38.2% level at 0.9260. Near-term trend line resistance is at 0.9655. A move above that targets a larger downward-sloping barrier at 0.9882.
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--- Written by Ilya Spivak, Currency Strategist for Dailyfx.com
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