AUD/USD Morning Technical Report 30/10/2014
ecPulse
2014-10-30 07:51AM UTC
The pair stabilized below the pivotal resistance 0.8825 then traded again within the sideways range showing on graph, and the negative pressure could continue affected by the negativity of MACD that will push the pair towards the critical support 0.8690. We will move to the sidelines to monitor the pair at the support 0.8690 and resistance 0.8885, whereas breaking the uspport pushes the pair further to the downside, and breaching the resistance reactivates the positive scenario suggested in our latest reports.
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