fxpulsation
Posts : 8759 Join date : 2012-01-25
| Subject: Technical Analysis for AUD Thu Oct 17, 2013 9:25 am | |
| Technical Analysis for AUD The pair is fluctuating around 0.9550 and the bullish bas is still dominating the intraday trading of the pair, forcing us to keep our bullish expectations supported by the moving average and the intraday ascending trend line showing on graph. Our expected targets start initially at 0.9600 and extend towards 0.9700. Support: 0.9530, 0.9505, 0.9480, 0.9430, 0.9385 Resistance: 0.9570, 0.9600, 0.9640, 0.9665, 0.9700 Recommendation Long above 0.9505, targets at 0.9570, 0.9530 and 0.9600. Stop loss below 0.9465 | |
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