AUD Trading Outlook
INTRADAY CONCLUSION: The AUD is starting to look bullish to me with interesting price action seen in AUD/USD, AUD/NZD and GBP/AUD. I prefer to buy any 50 pip intraday dips in AUD/USD looking for a test of levels closer to .9500 again.
INTRADAY CONCLUSION: Stay in range-trading mode in the AUD/USD; look for technical support at .9280 to attract buyers whilst risk-aversion will ensure that the AUD stays heavy on the crosses in the short-term, so rallies to .9350 will attract sellers.
Go to Australian Dollar (AUD) Archive