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AUD/USD Daily Outlook

Discussion in 'Forex Daily News & Outlook' started by ActionForex.com, Jan 15, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

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    AUD/USD's rally from 0.8551 extends further to as high as 0.9018. Even though upside momentum is less than convincing, further rally is still expected as long as 0.8900 support holds. As discussed before, sustained break of 0.8975/77 cluster resistance (50% retracement of 0.9398 to 0.8551 at 0.8975 and 100% projection...

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