Forex technical analysis: AUDUSD waffles ahead of retail sales in the new day - ConsultFX

Forex technical analysis: AUDUSD waffles ahead of retail sales in the new day

Supported at 0.7807-13 In the new trading day, Australia will release retail sales for November. The expectation is for: Technically, the price of the AUDUSD has stalled the last two trading days at 0.7807. That was a swing low from August (kinda stands out on the daily chart above).   It is also near the 50% midpoint retracement Copyright 2015 Forexlive.com