The AUD / USD has stumbled yesterday on resistance located at 1.02.
The course was immediately plunged to 1.01 and stabilizes currently below that level.
The price is still above the upward sloping (blue line on the graph).
Indicators are now somewhat mixed.
We will remain neutral on parity as the course will be located between 1.00 and 1.01.
We advise to go / not to treat more than the positions in the direction out of this range of quotations:
- Long recasse 1.01 if the price up.
A break of 1.02 will then upward a new buy signal.
- Short breaks 1.00 if the price down.
A break out of 0.99 will then offer a new sell signal.


Thread: 
Thanks
Currently Active Users
Forex Forum India Statistics