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AUD/USD Forecast October 12, 2015, Technical Analysis

Daily Forex Reports | by FX Empire | Saturday, 10 October 2015 06:47 UTC

The AUD/USD pair broke higher during the course of the session on Friday, as we continue to grind our way towards the 0.7350 level. We are broken above to significant shooting stars now, so at this point in time we think this market will eventually try to reach the 0.75 handle, and have to make a serious decision there. Pullbacks at this point in time will more than likely find support, so looking to short-term charts for those opportunities is probably the best way to go. We have no interest in selling at the moment.

 

 

 

 

 

 

 

AUD/USD Forecast October 12, 2015, Technical Analysis

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