fxpulsation
Posts : 8759
Join date : 2012-01-25
 |  Subject: Aud/usd Technicals  Fri Aug 03, 2012 10:08 am | |
| Aud/usd Technicals Quotes from RBC Capital Markets: AUD/USD: Close below 1.0458 would increase the odds of a pullback. AUD/USD has put in three consecutive daily shooting star patterns this week, suggesting that the current rally may be losing steam. A daily close below the old triple top at 1.0458 would confirm this thesis, arguing for a corrective pullback to uptrend support at 1.0274 (this level has to break in order to derail the uptrend). A close above initial resistance at 1.0556 is required to underpin the rally,exposing 1.0635 thereafter. More FOREX-news on pages InstaForex.Com     | |
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