fxpulsation
Posts : 8759 Join date : 2012-01-25
| Subject: Technical Analysis for AUD Fri Nov 01, 2013 11:25 am | |
| Technical Analysis for AUD The price moved lower yesterday, to retest the previous low at 0.9440, before bouncing back higher as price fails to hold below the 61.8 retracement level, while RSI is showing bullish tendency. Accordingly, we expect a bullish bounce over intraday basis. Support: 0.9460, 0.9440, 0.9425, 0.9385, 0.9335 Resistance: 0.9515, 0.9550, 0.9580, 0.9620, 0.9670 Recommendation Long above 0.9460, targets at 0.9510 and 0.9550. Stop loss below 0.9430. | |
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