AUD/USD Weekly Outlook 13 -17 December 2010

Forex Trading AUD/USD Weekly Outlook 13 -17 December 2010 AUD/USD Weekly Outlook AUD/USD engaged in sideway trading between 0.9752 and 0.9964 last week. Initial bias remains neutral this week and more consolidations could be seen. But still we'd expect strong support from 61.8% retracement of 0.9536 to 0.9964 at 0.9699 to contain downside and bring resumption of rise from 0.9536 eventually.