AUD/USD technical outlook for August 14, 2014

Over 0.93 the pair can test 0.9350/0.9360 (2-week highs). Below 0.93 we can try a short position targetting the 0.9240/0.9220 area. In a difficult day for risk assets it is very constructive that AUD/USD had its fourth consecutive up day on Friday.

AUDUSD(Daily)20140816

Chart courtesy of investing.com

This trade has a short-term time horizon.
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