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AUD/USD Outlook – October 10-14
The Aussie had another roller coaster week, ranging 500 pips. Lots of action! The upcoming week features important employment figures among other events. Here is an outlook for the Australian events, and an updated technical analysis for AUD/USD. The Australian dollar fell to a one year month low against the greenback on global worries and some hints of a rate cut in the monthly rate decision. On the other hand, retail sales, building approvals and trade balance all provided upside surprises. AUD/USD daily graph with support and resistance lines on it. Click to enlarge: ANZ Job Advertisements: Monday, 00:30. This ... (full story)
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