Aud/Usd

http://img28.imageshack.us/img28/9976/imagefl.gif

Price rebounded, AUD / USD from 1.0496 resistance line to penetrate the moving average line 55 and closes varmint him and continue to decline to penetrate the resistance level of 1.0402

Then rising again to re-test the 1.0418 level and bounce him to continue to decline

SMA 55 higher price and Mosher refers to the stochastic overbought near which means more downside in the short term

Technicals suggest that. AUD/USD in the process of breaking out of the Ichimoku cloud to the downside on the 4hr chart.

may be down aud/usd down short 10/20 pips

pair touched lower level 1.0365 at stochastic near 0 (zero) as new lowest level but this level can become critical point for this GU pair if pair successfully breaks this level, so pair become strong bearish starting from here or if this level so strong enough for pair then pair face difficulty to breaks this then pair reverse trend become strong uptrend to higher level 1.0495

I follow through and the general trend chart for the pair Aud/usd i find pair of Aud/usd focal level is expected at 1.0365 and bounces him rise. I think trading range for today is between: Support 1.0356 and resistance 1.0550
good luck

R3 : 1.0603
R2 : 1.0542
R1 : 1.0489
Pivot Point : 1.0428
S1 : 1.0375
S2 : 1.0314
S3 : 1.0261

pair successfully broke above higher stochastic break out point level 1.0445 then now this pair still steady above this level and this can become strong continuing bullish from this break out point level, but this pair move near next higher break out point 1.0496 it means this level can become strong reversal point for this pair if this pair fails to break this next higher level

please friend AUDUSD set ur sell 1.2405
tp1 50 tp2 100 pips ur hand
and SL 40 pips

thanks for trading

Spoiler:

http://i50.tinypic.com/2zel4dk.png

At the H4 chart, price is above the EMA 12 and EMA 72 indicates the trend is still up
RSI is above 50 area 50 indicates the trend is still up
Recommendation: buy
Range :10521-10 422

Yes, AU already reach it resistance level...
So maybe it need lot of effort to break for higher bullish.
And on last few days, AU is failed to break the resistance level, so maybe it will go down until one of its stronger support.
The next movement will depend on how it move on the support point.