AUD/USD Daily Outlook

by Action Insight (All Reports) on July 30, 2010

AUD/USD continues to stay in tight range below 0.9068 and intraday bias remains neutral. On the upside, above 0.9068 will indicate that choppy rebound from 0.8066 is still in progress for 0.9380/9404 resistance zone. But we'd expect upside to be limited there to bring another fall to continue the medium