Aud/Usd

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Originally Posted by Opplus

AUD/USD remains mildly on the upside and the rebound from 1.0165 might extend to 61.8% retracement of 1.0612 to 1.0165 at 1.0441 and possibly above. But we'll be cautiously on reversal signal ahead of 1.0612 resistance. On the downside, below 1.0276 minor support will flip bias back to the downside for retesting 1.0165 low.

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main to apne analysis ki bina par app ko yahi kahoun ga k app ko yahi kahoun ga k ye down side par ja raha ha main to es ko sell kar k wait kar raha houn mere khiyal main ye mazeed 1.0230 tak jaye ga

as we have a resistance level on the daily chart @100% then i think it is better to sell this pair when it reach the resistance level our target point in this deal will be @61.8% as we have a support level @ this level.

may to june, audusd fell down upto 0.97xx
the beginning of july, audusd changed the trend from bearish to bullish.
until now, audusd is at 1.05xx
i think it is still bullish until next week

trading plan 17/09/2012 aud/usd
after a sharp upward trend this week .. will coreksi tendency towards price before continuing trend up ...
if price penetrates try trendline price correction over the
http://i46.tinypic.com/242shi1.jpg

Aud/usd show up trend on last finished week, but now i see some correction on this pair, if aud found some weakness in next week. It can reach at level of 1.0500 by some continue drop down move in this pair. Also if up trend move ahead then 1.600 level is possible.

short positions at 1.0517 with 1.0494 and 1.0466 as next targets

the breakout of 1.0586 will call for a rebound towards 1.0605

trend now is slightly bearish
pivot point : 1.0570
resistance 1 : 1.0637
resistance 2 : 1.0664
support 1 : 1.0541
support 2 : 1.0514

Spoiler:

http://sadpanda.us/images/1212467-UO3B6F5.png

Price is below EMA 12 and EMA 72 below indicates the trend is still down
RSI 50 is still there under area 50 indicates the trend momentum is still down
Recommendation: sell
Range: 1.0556-1.0390

short positions at 1.0426 with 1.0386 and 1.0347 as next targets

the breakout of 1.0466 will call for arebound towards 1.0520

AUD / USD pair went to the next strong support level of 0426, the last few days of course much went south after this motion is expected for at least the northern correction, which I think will begin from 0426.