Forex: AUD/USD Technical Analysis – Ready to Push Above 0.91?
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- Prices are moving higher as expected after showing a Morning Star candle pattern
- A narrow break above 0.9040 (23.6% Fib ret.) has exposed 0.9177 (38.2% Fib ret.)
- Turning back below 0.9040 eyes 0.8967 (range top), 0.8847 (Aug’13 low)
Confirm your chart-based trade setups with the Technical Analyzer.
Daily Chart - Created Using FXCM Marketscope 2.0
--- Written by Ilya Spivak, Currency Strategist for DailyFX.com
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