Disclaimer: CMC Markets is an execution-only service provider. The material (whether or not it states any opinions) is for general information purposes only, and does not take into account your personal circumstances or objectives. Nothing in this material is (or should be considered to be) financial, investment or other advice on which reliance should be placed. No opinion given in the material constitutes a recommendation by CMC Markets or the author that any particular investment, security, transaction or investment strategy is suitable for any specific person. The material has not been prepared in accordance with legal requirements designed to promote the independence of investment research. Although we are not specifically prevented from dealing before providing this material, we do not seek to take advantage of the material prior to its dissemination.
Aussie Dollar testing resistance this morning
00:00, 19 August 2013
AUDUSD starts the week needing to make up its mind about the resistance represented by the recent high at .9220 and the 50 day moving average at .9197 A break into new ground might see an assault on .9318 resistance. But failure here would have some traders starting to think in terms of a double top with potential for another pullback.