Sunday, June 15, 2008

AUD/USD Mid-Day Outlook

AUD/USD turns into sideway consolidation after diving to as low as 0.9327. At this point, further decline is still expected as long as 0.9434 support turned resistance holds. Focus remains on 0.9291 support. As long as this support holds, decline from 0.9653, though deep, is still treated as correction to...



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