analysis for today 5 / 2 / 2014
AUD/USD (Daily Trade)
I think the movement is still in a bearish trend
retracement (38.2%) 0.9271
Retracement (50%) 0.9274
retracement (61,8%) 0.9277
Extensions (61.8%) 0.9243
Extensions (100.0%) 0.9232
Extensions (138.2%) 0.9221
Extensions (161.8%) 0.9215
calculation based on a Fibonacci retracement then today I choose sell