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Friday, 11/11/2011 2:07:08 AM

Friday, November 11, 2011 2:07:08 AM

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AUD/USD Technical Report 11.11

AUD/USD: The latest break and close back below 1.0200 further solidifies the core bearish outlook and now opens the door for an acceleration of declines back below parity. From here wee see risks for a complete and full retracement back to the October lows at 0.9385 and any intraday rallies should now be very well capped below 1.0300 on a daily close basis.
















Joel Kruger, Technical Currency Strategist
www.fxcm.com







http://investorshub.advfn.com/boards/board.aspx?board_id=18186




I am not a professional and my opinions are just that, opinions.
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