AUD/USD Weekly Technical Report 22-26/9/2014

ecPulse
2014-09-22 07:27AM UTC

 

The bearish bias still dominates the trading, as the pair is under negative pressure applied by SMA 50 and 100 which support extending the downside move in the upcoming period, targeting mainly 0.8880. Stability below 0.9000 is the main catalyst to extend the expected bearishness.

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