Friday 14 June 2013

AUD/USD could rally to June high – Commerzbank

Technical analysts at Commerzbank say the squeeze in AUD/USD could continue to the June high of 0.9792, roughly 2 cents above the current price.

They note major support from 0.9404 to 0.9380 and see the next target at 0.9674, which was the June 6 high.

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