23rd February 2015 – Technical Outlook

AUD/USD

FROM HERE: buy on dips around 0.7812 to target 0.7850 then 0.7880

BUT: below 0.7800 may see the pair back to range trading 0.7780—0.7850

COMMENT: bullish divergence mentioned on 17 Feb report is now in play. May see 0.7900 this week

23-02-15

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