XAU Trading Outlook (19-02-2014)

AUD/USD: Current strong AUD/USD is showing signs of tiredness from breaking different levels of previous resistances. However, the Aussie dollar is starting to form a downtrend from yesterday’s sell off due to improving U.S economy where jobs and housing industries continued to grow. Even though we saw improving data from both Australia and China, problems in the mining industries and banking sectors still remain. http://www.forexnews.com/wp-content/uploads/2014/02/AUDUSD-18-02-14.jpg

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