18th February 2015 – Technical Outlook

AUD/USD

FROM HERE: although resistance at around 0.7840, remain long or trail profit to test target of 0.7900 this week

BUT: square up if 0.7787 breaks on downside and re-assess

COMMENT: Not sure if there’s enough momentum to push through 0.7850 but would like to think so.

18-02

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