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Forex: AUD/USD Technical Analysis – Flirting with 0.96 Mark

Ilya Spivak


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Talking Points


  • Prices turned lower as expected, clearing trend line support set from late September
  • Support is now at 0.9573 (38.2% Fib); below that eyes 0.9517 (50% Fib)
  • Above 0.9643 (23.6% Fib) targets 0.9757 (Oct high); we are holding long for now


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dailyclassics_aud-usd_body_Picture_9.png, Forex: AUD/USD Technical Analysis – Flirting with 0.96 Mark

Daily Chart - Created Using FXCM Marketscope 2.0




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


Contact and follow Ilya on Twitter: @IlyaSpivak


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