AUD/USD Outlook – January 11-15

January 9th, 2010 admin

The Aussie had an excellent week, riding on good figures . The upcoming week contains important Australian employment numbers, as well as 4 other indicators. Here’s an outlook for the events in Australia and an updated technical analysis for AUD/USD, with a look upwards. AUD/USD chart with support and resistance lines marked on it. Click to enlarge: Further reading: Building Approvals and Retail Sales were excellent surprises, that took the Aussie beyond resistance lines. For a rate hike, jobs and prices need to rise. We’ll know more this week: MI Inflation Gauge : Published on Sunday…


Originally posted on ForexCrunch

 
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