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Long

AUD/USD Short Term Outlook

FX:AUDUSD   Australian Dollar/U.S. Dollar
28 0 0
AUD/USD             has broken major support 0.8641 ( Oct             3rd low) which confirms the resumption of bearish trend .
On the downside break below will target 0.8607/0.8544 in the short term.
Minor resistance is around 0.868. Any indicative break above would extend gain to 0.870/0.872.
Recommendation: Sell AUD/USD             around 0.8640 , SL 0.8680, Targets 0.8607/0.8544.
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