AUSTRALIAN DOLLAR PRICE CHART - AUD/USD 120MIN

 AUSTRALIAN DOLLAR PRICE CHART - AUD/USD 120MIN 


In my most recent Australian Dollar Technical Price Outlook we saw that AUD/USD was trading into a key deterrent zone and to , "be keeping an eye out for possible outside exhaustion with the brief improvement powerless while underneath the September high-day close." The course of action remains unaltered into the week's end with Aussie trying to break the step by step opening-range lows today. 


Primary concern: Initial resistance reliable at 7321/29 with the threat of outside exhaustion sub-7371. A break underneath the center line here is relied upon to propose a greater change is in advancement towards 7222, 7166 and the 61.8% retracement at 7125-look for a greater reaction there IF came to. Review my latest Aussie Weekly Price Outlook for a gander at the more drawn out term AUD/USD specific trade levels.

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