Robert
05-08-2012, 11:15 PM
Welcome to your favorite News Channel. This is just in:
The pair AUD/USD has faked yesterday a return above 1.02. The pair is currently falling on the upper band of its bearish channel (purple lines). All indicators are bearish. We continue to advise short positions as far as 1.0250 is resistance. The breakout of 1.0150 will give a new sell signal and open the way towards 1.01. In case of return above 1.0250, we will wait the breakout of 1.
Click here to Read More... (http://www.ibtimes.com/articles/338380/20120508/forex-aud-usd-technical-analysis-australian-dollar.htm)
The pair AUD/USD has faked yesterday a return above 1.02. The pair is currently falling on the upper band of its bearish channel (purple lines). All indicators are bearish. We continue to advise short positions as far as 1.0250 is resistance. The breakout of 1.0150 will give a new sell signal and open the way towards 1.01. In case of return above 1.0250, we will wait the breakout of 1.
Click here to Read More... (http://www.ibtimes.com/articles/338380/20120508/forex-aud-usd-technical-analysis-australian-dollar.htm)