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 AUDUSD Bullish Reversal Is Pointing Towards 0.952

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fxpulsation




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AUDUSD Bullish Reversal Is Pointing Towards 0.952 Empty
PostSubject: AUDUSD Bullish Reversal Is Pointing Towards 0.952   AUDUSD Bullish Reversal Is Pointing Towards 0.952 Icon_minitimeTue Oct 01, 2013 8:38 am

AUDUSD Bullish Reversal Is Pointing Towards 0.952 Instaforex_mb_760x151_en

AUDUSD Bullish Reversal Is Pointing Towards 0.952

AUDUSD found a support as expected around 0.9220-0.9300 area, at former wave four from where we have seen a nice bullish reversal with a decisive break through the upper trend-line of a corrective channel. This break indicates an uptrend continuation for AUDUSD that is underway towards 0.9525. Force index is also reversing higher now suggesting that volume and moment area coming back into the market.
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