The aussie is much bought + strong Fibonacci resistance level 38.20 suggested that the direction of South However, if they wanted to push bulls Be doing deep level test ... and I think we should examine yourself to expect at least a decrease in the range 0.91 ... aud is currently overvalued as stated RBA and so following such utterances are waiting for bears.

"Upcoming spending cuts and new taxes, a possible boom in the housing market and waning investment in the key mining sector– all that was constantly adding more pressure on the RBA to reconsider its monetary policy."

"Westpac's view is that the case for higher interest rates will not be sufficiently strong until the middle of 2015 at the earliest," -Matthew Hassan, Westpac senior economist


http://www.dukascopy.com/swiss/english/marketwatch/market_news/Fundamental-Analysis/45797/
http://www.dukascopy.com/swiss/english/marketwatch/market_news/Fundamental-Analysis/45585/
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