AUD/USD Daily Outlook

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03-02-2010, 08:02 AM

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AUD/USD Daily Outlook

AUD/USD's recovery from 0.8802 extended further to 0.9028 so far but is still limited below 0.9070 resistance. Intraday bias remains neutral for the moment with focus on 0.9070. Break there will confirm that rise from 0.8577 has resumed and will turn outlook bullish for a retest on 0.9327/9404 resistance zone....

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