Forex: AUD/USD Technical Analysis – Support Sub-0.90 in Focus
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- A pullback from resistance at 0.9170 (23.6% Fib ret.) eyes 0.8984 (23.6% Fib exp)
- Support is reinforced by the Dec 6 low at 0.8988; below that eyes 0.8872 (38.2% ret.)
- Reversing above 0.9170 aims for 0.9282 (38.2% Fib expansion)
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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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