TECHNICAL ANALYSIS BY NSFX 13.11.2014
Resistance giving way at the 0.87 figure level yesterday and this may now offer support going forward. The AUD sold off to test the 0.8540 area and this could act as bearish target going forward. Levels of support at 0.8660 and 0.8580 expected due to possible stop losses in these areas. A possible bullish target of 0.8770 could now be eyed by traders.