Australian Dollar Technical Outlook
Thursday October 9, 2008, 2:49 pm
I wrote yesterday that “the second AUDUSD target (.6467) was reached. This is the 100% extension of .9856-.7799/.8524. With the objective being met and with daily RSI deeply oversold and divergent with price, expect a pullback/consolidation.”
Source:Jamie Saettele, Senior Currency Strategist strategist@dailyf
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