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Needle Still Points South

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Heading North

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AUSSIE
AUSSIE: AUD/USD on the move again, touching fresh highs at $0.7904. Rate now
targets the $0.7974/75 levels marking the 61.8% fib level for $0.8136-0.7713 and
the 2.0% envelope 10-dma respectively. Any move above there will open
$0.7923/24, the 76.4% fib level for $0.7988-0.7713 and the 50% for
$0.8136-0.7713.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com