{"id":80908,"date":"2015-11-12T01:14:39","date_gmt":"2015-11-12T06:14:39","guid":{"rendered":"http:\/\/countingpips.com\/?p=80908"},"modified":"2015-11-12T06:10:19","modified_gmt":"2015-11-12T11:10:19","slug":"audusd-risk-turns-higher-on-recovery-offensive","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2015\/11\/audusd-risk-turns-higher-on-recovery-offensive\/","title":{"rendered":"AUDUSD: Risk Turns Higher On Recovery Offensive"},"content":{"rendered":"<div id=\"inves-2914671357\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">November 12, 2015<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p>AUDUSD: With the pair rallying strongly during early trading on Thursday, further upside offensive is envisaged. This development suggests a temporary bottom is now in place. This should see more strength build up with eyes on the 0.7200 zone. On the upside, resistance lies at the 0.7250 level. A cut through here will turn attention to the 0.7300 level and then the 0.7350 level where a violation will set the stage for a retarget of the 0.7400 level. On the downside, support resides at the 0.7100 level where a breach will aim at the 0.7050 level. Below that level will set the stage for a run at the 0.7000 level with a cut through here targeting further downside towards the 0.6950 level. On the whole, AUDUSD has triggered a correction with eyes on the 0.7200 level<br \/>\n<img decoding=\"async\" src=\"http:\/\/www.fxtechstrategy.com\/wp\/wp-content\/uploads\/2015\/11\/AUDUSDDaily.png\" alt=\"null\" \/><br \/>\nBy\u00a0<a href=\"http:\/\/www.fxtechstrategy.com\/\" target=\"_blank\">www.fxtechstrategy.com<\/a><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>AUDUSD: With the pair rallying strongly during early trading on Thursday, further upside offensive is envisaged. This development suggests a temporary bottom is now in place. This should see more strength build up with eyes on the 0.7200 zone. On the upside, resistance lies at the 0.7250 level. A cut through here will turn attention [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-80908","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/80908","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=80908"}],"version-history":[{"count":3,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/80908\/revisions"}],"predecessor-version":[{"id":80929,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/80908\/revisions\/80929"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=80908"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=80908"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=80908"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}