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Forex: AUD/USD Technical Analysis – Aiming Below 0.91 Mark

Ilya Spivak


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Talking Points


  • Prices are testing through support at 0.9145 (61.8% Fib expansion)
  • Breaking lower on a daily closing basis exposes 0.9073 (76.4% Fib exp.)
  • Resistance is at 0.9202 (50% Fib); above that targets 0.9260 (23.6% Fib)


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dailyclassics_aud-usd_body_Picture_11.png, Forex: AUD/USD Technical Analysis – Aiming Below 0.91 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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