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Daily Market Update- AUD/USD - First Binary Option Service

First Binary Option Service

Experts say the pair AUD / USD continues to slide towards the 0.9318 level (the highest level in July). While it is likely that AUD / USD to be exposed to the disorder here.

The pair should cling to the highest level 0.9318 and if it failed, it would lose its momentum and sliding to the 0.9233 level (the highest level in August) and then point at 0.9160 (average Moving to close 55 days)

In the case of further currency pair to rise, it may be the process of resistance testing at the point at 0.9580 (lows in May 2012) and then at 0.9665 (highs in June) and finally 0.9715 (Fibonacci retracement level of 50% of the downside wave prefix since April. "

Source: https://www.firstbinaryoption.com
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