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.


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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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