ISSN: 2056-3736 (Online Version) | 2056-3728 (Print Version)


Possible Scenarios: A break above the potential resistance of 0.72415 (38.2% Fibo retracement) may lead to 0.72650 – 0.72950 potential resistances. Alternatively, a break below the psychological level of 0.72000 (50.0% Fibo level) is expected to find support at 0.71800

Comments: Aussie – Dollar dropped after the lower than expected Private Capital Expenditures (Q3) and reached the 0.72200 levels. However, the price was capped from the short-term bullish trend line, with volatility remaining in low levels as the US is closed today due to the Thanksgiving Day.