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AUD/USD Remains Constructive Above 7570- U.S. Durable Goods on Tap
•AUDUSD rally at risk ahead of U.S. Durable Goods Orders •Updated targets & invalidation levels •Headline print expected to contract for the 4th time in 2016 Technical Outlook: The Aussie rallied failed just ahead of the August high-day close, a level the pair has been unable to close above for the past two months. Bearish divergence into the highs leaves the immediate topside bias at risk with a possible median-line formation identified earlier today. Interim support rests with the September high-day close at 7642 backed by the weekly opening-range lows / 38.2% retracement at 7599-7603. More significant ... (full story)