The AUD/USD has generated a technical buy signal with the minimum upside technical target located @0.8200.The potential had been flagged on 23/2/15 for the AUD...

Angela Mangan

QMG Pty Ltd

The AUD/USD has generated a technical buy signal with the minimum upside technical target located @0.8200.The potential had been flagged on 23/2/15 for the AUD to generate a technical buy signal. The AUD/USD broke through key resistance at 0.7877, which activated the buy signal. The technical trend has turned positive. This is the first trend change in the AUD/USD since the original technical sell signal was generated on 10/9/14 @0.9203.


Angela Mangan
Angela Mangan
Technical Analyst
QMG Pty Ltd

Angela has over 30 years experience in the technical analysis field. She provides technical analysis coverage of major Australian and global stocks / key markets, including provision of a bespoke technical service to wholesale clients.

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