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AUD/USD Forecast October 9, 2015, Technical Analysis

Daily Forex Reports | by FX Empire | Friday, 09 October 2015 07:17 UTC

The AUD/USD pair broke higher during the course of the session on Thursday, testing the top of the shooting star from the Wednesday session. The 0.7250 level above is resistance, so we are waiting to see whether or not this market can break above there. Once we get above the 0.73 level though, we feel the market will start to reach towards the 0.75 level. Any resistive candle between here and the aforementioned 0.7250 level, we are sellers of. If we can get above the 0.75 level, it would of course be a bit of a trend change at that point.

 

 

 


 

 

 

 

 

AUD/USD Forecast October 9, 2015, Technical Analysis

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