The Australian dollar, in my opinion, a very good point for the sale, the price went back to the past the horizontal level, and drew a double vershynku, so stop with a small enough you can go in the direction of the trend time ...
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The Australian dollar, in my opinion, a very good point for the sale, the price went back to the past the horizontal level, and drew a double vershynku, so stop with a small enough you can go in the direction of the trend time ...
The pair rushed to the Australian dollar against the U.S. dollar, up 1.0215 surpassing the barrier again, where the price was based on the well support the rising channel shown in the graph above.
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Thus, our expectations morning and remain effective, provided a list of stabilizing above 1.0165
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Expected trading range for today is between: Support Resistance 1.0000 and 1.0365
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General tendency is expected for today: rising
I must confess that audusd is my best pair owing to the fact that i am very strategic about it has it obeys better trading rules than other pairs. The surest trading pivot is at 1.0240, any break and cape means alot.
i think that AUDUSD will move upward on the short term as we have a moving up trend on the daily chart so i suggest buying now with tp1@the resistance level @50%.
Rejected by LWMA100, AUDUSD is now back trying to fall below the daily pivot (1.0198). If the pivot successfully passed, then chances are this pair will go down towards the 1.0152 level, with possible further to the 1.0114 level. But if it fails, this pair will try to rise above LWMA100, to touch the 1.0236 level.
http://i50.tinypic.com/11biu4w.gif
The pair is still in consolidation stage so its better to keep away from the pair until i get a confirm setup for the upcoming big move. If the price breaks down the 20 Day MA than there is nice setup for sell the pair before that its better to watch the pairs movement.
An excellent example of how the level of support ceases the level of resistance after 1.0240 struck down the price is very well worked move down, and now again the price is approaching the same level, so that I think will be clear and the movement in favor of the U.S. dollar ...
AUD / USD price is also in the uplink, and yesterday showed a retreat from its lower border, continues to shape the course of today, the northern tide, the end of which is expected near the upper boundary of the channel.
course now left in good growth, and even managed to break through the entrenched above the Ichimoku cloud, after which the couple went to a small southern correction, you need to wait for the correction and resumption of growth in the north.
Chart bounced on the fib 23.6 line(1.0212)
Then it will go up to 1.0245 (61.8)