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AUDUSD Technical Analysis

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Daily technical analysis based trade tips and ideas for forex AUDUSD. Our report outlines clear and precise trade entry levels with profit targets and stop loss levels across a broad range of prices for the intraday. To gain an edge in the markets, successful professional traders need a daily trading plan and must be aware of important support and resistance levels. We ensure you are fully prepared to maximise profitable trading opportunities throughout each day, minimising your risk, maximising your profits and taking away the element of gambling.

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AUDUSD recovery being held by the 100 day moving average at 7784/80. Obviously this is key to direction now.
Today's Analysis
11 October 2017 Updated at 00:00am GMT
AUDUSD must beat the 100 dma at 7784/80 to start a recovery & ease oversold conditions. We only reached 7796 but above 7800 targets second resistance at 7822/27 & we should struggle here today. However a break above 7835 signals further gains towards 7876 & strong resistance at 7880/85.

Failure to beat the 100 day moving average at 7785/90 today keeps bears in control for now to re-target 7750 & 7730/25. On further losses look for important 200 dma & 18 month trend line support at 7675/65. Try longs with stops below 7620.
Technical Analysis AUDUSD