{"id":58828,"date":"2011-09-13T09:54:48","date_gmt":"2011-09-12T23:54:48","guid":{"rendered":"http:\/\/www.fnarena.com\/index.php\/2011\/09\/13\/audusd-poised-for-lower-levels\/"},"modified":"2011-09-13T09:54:48","modified_gmt":"2011-09-12T23:54:48","slug":"audusd-poised-for-lower-levels","status":"publish","type":"post","link":"https:\/\/staging.fnarena.com\/index.php\/2011\/09\/13\/audusd-poised-for-lower-levels\/","title":{"rendered":"AUD\/USD Poised For Lower Levels?"},"content":{"rendered":"<p>\n\t<strong>AUD\/USD Classical Technical Report<\/strong><\/p>\n<p>\n\tBy Joel Kruger, Technical Strategist<\/p>\n<p>\n\t<img decoding=\"async\" alt=\"\" src=\"http:\/\/www.fnarena.com\/ckfinder\/userfiles\/images\/dailyfx13-9.jpg\" style=\"width: 700px;height: 500px\" \/><\/p>\n<p>\n\t<strong>AUD\/USD:<\/strong> It looks as though a major lower top is in the process of carving out by 1.0765, with the market rolling sharply over the past several days and breaking back below the 200-Day <span>SMA<\/span>. From here, look for continued depreciation towards the recent range lows at 0.9925, with a break below to open the door for the next major downside extension. In the interim, any <span>interday<\/span> rallies should now be well capped below 1.0600.<\/p>\n<p>\tThe views expressed are not <span>FNArena&#039;s<\/span> (see our disclaimer).<\/p>\n<p>\n\tFor real time news and analysis, please visit http:\/\/<span>www.dailyfx.com<\/span>\/real_time_news<\/p>\n<p>\n\t<span>DailyFX<\/span> provides <span>forex<\/span> news on the economic reports and political events that influence the currency market. Learn currency trading with a free practice account and charts from <span>FXCM<\/span>.<\/p>\n<p>\n\t<span>www.dailyfx.com<\/span><\/p>\n<p>\n\t<em><strong>Disclaimer<\/strong><\/em><\/p>\n<p>\n\t<em><u><span>Forex<\/span> Capital Markets is headquartered at Financial Square 32 Old Slip, 10th Floor, New York, NY 10005 USA.<\/u><\/em><\/p>\n<p>\n\t<em>Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before you decide to trade the foreign exchange products offered by <span>Forex<\/span> Capital Markets, LLC, <span>Forex<\/span> Capital Markets Limited, inclusive of all EU branches, <span>FXCM<\/span> Asia Limited, or <span>FXCM<\/span> Australia Limited, any affiliates of aforementioned firms, or other firms under the <span>FXCM<\/span> group of companies [collectively <span>recipient.&rdquo;<\/span><\/em><\/p>\n<p>\n\t<strong>Technical limitations<\/strong><\/p>\n<p>\n\t<strong><span style=\"font-style: italic\">If you are reading this story through a third party distribution channel and you cannot see charts included<\/span>, we <span>apologi<em>se<\/em><\/span><em>, but technical limitations are to blame.<\/em><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Market analysts at FXCM suggest a major top is being carved out for the Australian dollar against the greenback.<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[7],"tags":[29],"acf":[],"_links":{"self":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/58828"}],"collection":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/comments?post=58828"}],"version-history":[{"count":0,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/58828\/revisions"}],"wp:attachment":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/media?parent=58828"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/categories?post=58828"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/tags?post=58828"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}