Forex: AUD/USD Technical Analysis – Working to Pierce 0.92
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- Prices are testing through support at 0.9202 (50% Fib expansion)
- Breaking lower on a daily closing basis exposes 0.9145 (61.8% Fib exp.)
- Resistance is at 0.9260 (38.2% Fib); above that targets 0.9332 (23.6% Fib)
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Daily Chart - Created Using FXCM Marketscope 2.0
--- Written by Ilya Spivak, Currency Strategist for DailyFX.com
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