{"id":61112,"date":"2013-01-14T12:52:53","date_gmt":"2013-01-14T01:52:53","guid":{"rendered":"http:\/\/www.fnarena.com\/index.php\/2013\/01\/14\/decision-time-for-audusd-reports-techwizard\/"},"modified":"2013-01-14T12:52:53","modified_gmt":"2013-01-14T01:52:53","slug":"decision-time-for-audusd-reports-techwizard","status":"publish","type":"post","link":"https:\/\/staging.fnarena.com\/index.php\/2013\/01\/14\/decision-time-for-audusd-reports-techwizard\/","title":{"rendered":"Decision Time For AUD\/USD, Reports TechWizard"},"content":{"rendered":"<p>\n\tIt&#039;s make or break time for the Aussie dollar, reports the <span>TechWizard<\/span>.<\/p>\n<p>\n\tThe currency has enjoyed firm support on the back of a global rally in risk assets, but this week FX traders will have to make a tough decision: can\/will AUD\/USD rally past technical resistance at 1.0600, or will we see a pull back to 1.03-1.02 ?<\/p>\n<p>\n\tThe Wizard observes AUD\/USD has tried a few times to rally past 1.06. The last attempt was last week and it failed.<\/p>\n<p>\n\tA break above 1.06 would in particular mark a strong signal if it was achieved on a weekly closing basis, reports the Wizard. His attention is focused for a potential rally towards 1.08.<\/p>\n<p>\n\tBut first there&#039;s an obstacle to overcome.<\/p>\n<p>\n\t<img decoding=\"async\" alt=\"\" src=\"http:\/\/www.fnarena.com\/ckfinder\/userfiles\/images\/AUD-USD_Jan13_Wizard.jpg\" style=\"width: 670px;height: 337px\" \/><\/p>\n<p>\n\tThe <span>TechWizard<\/span> is the pseudonym of Scott Morrison, whose experience in financial markets exceeds twenty years. Morrison operates his own website nowadays at www.techwizard.com.au. All views expressed are the <span>TechWizard&#039;s<\/span>, not <span>FNArena&#039;s<\/span> (see our disclaimer).<\/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>, <em>we <span><span>apologise<\/span><\/span>, but technical limitations are to blame.<\/em><\/strong><\/p>\n<p>\n\t<em>Find out why <span>FNArena<\/span> subscribers like the service so much: &quot;<a href=\"http:\/\/www.fnarena.com\/index4.cfm?type=dsp_newsitem&amp;n=29EB960D-9DFF-C00E-7F6B464E5D52E250\">Your Feedback (Thank You)<\/a>&quot; &#8211; Warning this story contains unashamedly positive feedback on the service provided.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>This week will prove a make or break event for AUD\/USD, predicts the TechWizard.<\/p>\n","protected":false},"author":3,"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\/61112"}],"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\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/comments?post=61112"}],"version-history":[{"count":0,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/61112\/revisions"}],"wp:attachment":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/media?parent=61112"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/categories?post=61112"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/tags?post=61112"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}