Aud/Usd

The pair is consolidating in the narrowing Triangle. Upper resistance is 1.05810. Lower support is 1.00031.
Resistance: 1.05810, 1.07806, 1.09604
Support: 1.03847, 1.01873, 1.00031
http://xa-mg40.mail.yahoo.com/ya/dow...d=YahooMailNeo

AUDUSD is now moving around the daily pivot level 1.0553. If the level is broken, the pair may fall towards 1.0529 and may continue to 1.0497. But if it fails to break the level, the pair may rise towards 1.0585 and possible to move higher towards 1.0609

AUDUSD today while having a hefty down trend, will likely continue into s1 and s2 look at the previous chart prices likely will toward the 1.0499 level to s2 or

http://img9.uploadhouse.com/fileuplo...0da6845111.jpg

after touched above 1.5300 AUDUSD still try to continue this bullish but this pair face difficulty because this new highest 1.0570 so strong enough for pair and this can become strong reversal from here as bearish starting point and depend on which part of this level above or below this level which can be broken and pair steady above it as strong bullish

long positions at 1.0545 with 1.0570 and 1.0595 as next targets

the breakout of 1.0510 will call fro arebound towards 1.0480

aud/usd technical analysis by using :adx

adx : 16.8943
+di : 13.0956
-di : 13.5356
timeframe : 1 hour
date : 15.01.2013

the bearish still look nice play here till now. We can see that price now on move down / bellow that 23.6 fib 1.0552. Then as long as the price can still move on bellow that 23.6 fib 1.0552, search for sell is still better.

For Australian dollars today rebounded from strong support point at 1.0540

and i think it will rise to 1.0600 and bounce and God knows

buy aud/usd at the level 1.0555 with targets at 1.0597 and 1.0622, but in case of breaking the level 1.0536 then sell at this level with targets at 1.0511 and 1.0477

AUD / USD is still experiencing consolidation near new highs 1.0570 means that this level would be bullish confirmation level continued when the pair managed to hold above this level but it will also be a level of confirmation of reversal when the pair some difficult times this level and will penetrate to the level of 1.0510 as the level bearish continuation.