fxpulsation
Posts : 8759 Join date : 2012-01-25
| Subject: Technical Analysis for AUD Mon Jun 24, 2013 11:46 am | |
| Technical Analysis for AUD The AUD/USD pair is stable below Linear Regression Indicators and below 127.2% Fibonacci at 0.9295, making us expect the downtrend to extend this week. Despite oversold signals the Stochastic is reflecting, the negativity of LRIs help ups neglect these signals. Support: 0.9130, 0.9115, 0.9060, 0.9000, 0.8935 Resistance: 0.9260, 0.9295, 0.9365, 0.9405, 0.9445 Recommendation Based on the analysis above, we recommend selling the pair below 0.9205, targeting 0.9130, 0.9060 and 0.9000 and stop-loss with 4-hour closing above 0.9295. | |
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