fxpulsation
Posts : 8759 Join date : 2012-01-25
| Subject: Technical Analysis for AUD Fri Oct 25, 2013 10:50 am | |
| Technical Analysis for AUD The pair extends the downside towards the ascending support for the overall bullish wave, where the downside correctional scenario unfolds. A retest of the previous high at 0.9527 is likely, and accordingly, we maintain our negative scenario. Support: 0.9570, 0.9530, 0.9505, 0.9480, 0.9450 Resistance: 0.9600, 0.9640, 0.9675, 0.9715, 0.9770 Recommendation Short below 0.9620, targets at 0.9570 and 0.9530. Stop loss above 0.9670. | |
|