Tuesday, December 23, 2008
Our
Australian Dollar outlook remains unchanged on almost-exactly flat
AUD/USD price action. “The Australian dollar has shown clear difficulty
in clearing psychologically significant support at 0.7000 against the US Dollar,
which likewise represents the 38.2 percent Fibonacci retracement of the
0.8520-0.6010 decline. Inability to clear said resistance mark would
definitively suggest that... [read more]
posted by fxgenguide,
in Australian Dollar Technical, Money Manager
@ 11:38 PM,
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