Australian Dollar traded briefly above .8400 but was unable to hold the gains as US stocks came off and Commodities fell in late trading. Buffets Goldman Sachs news lifted the AUD off lows during the Asian session.
Tech outlook:
AUD R1: 0. 8480 S1:0.8250
R2: 0.8490 S2: 0.8230
Chart pattern supports bull note for the day. Trading range is expected between 0.8270-0.8470 levels .Both stochastic and momentum are seen trending up giving bullish signals . parabolic is also supporting it.
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