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AUD/USD Daily Outlook

Discussion in 'Forex Daily News & Outlook' started by ActionForex.com, Jan 18, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    Despite brief recovery to 0.8877, AUD/USD's fall from 0.9018 resumed and extended to as low as 0.8699 so far. At this point, further decline is still expected as long as 0.8877 resistance holds. Break of inner trend line support suggests that rebound from 0.8551 has completed at 0.9018 already. Break...

    complete article here...

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