Forex: AUD/USD Technical Analysis – Corrective Bounce at Hand?
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- Prices are probing above support-turned-resistance at 0.9145 (61.8% Fib exp.)
- A break higher exposes 0.9202 (50% Fib expansion)
- Below support at 0.9073 (76.4% Fib) targets the 0.90 figure, 0.8958 (100% 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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