Robert
02-10-2012, 10:38 AM
Welcome to your favorite News Channel. This is just in:
The AUD/USD started the week giving back last Friday's gains. However, after the RBA meeting revealed that it left rates unchanged at 4.25% instead of the expected cut to 4.00%, the market bid up the AUD/USD, pushing it beyond 1.0800. It has since found resistance just below 1.0845. The market is trading sideways again, in a slight congestion as the 1H chart shows higher lows and a lower high.
Click here to Read More... (http://www.ibtimes.com/articles/296191/20120209/aud-usd-counter-trend-trade-plan-bull.htm)
The AUD/USD started the week giving back last Friday's gains. However, after the RBA meeting revealed that it left rates unchanged at 4.25% instead of the expected cut to 4.00%, the market bid up the AUD/USD, pushing it beyond 1.0800. It has since found resistance just below 1.0845. The market is trading sideways again, in a slight congestion as the 1H chart shows higher lows and a lower high.
Click here to Read More... (http://www.ibtimes.com/articles/296191/20120209/aud-usd-counter-trend-trade-plan-bull.htm)