Short position is preferable below 0.9935 with target 0.98 and 0.9715. If it goes to above 0.9935 then we expect upward movement with targets 1.0015 and 1.008. Technically the RSI is bearish.
Short position is preferable below 0.9935 with target 0.98 and 0.9715. If it goes to above 0.9935 then we expect upward movement with targets 1.0015 and 1.008. Technically the RSI is bearish.
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Today the Australian dollar appears to be in the position of 0.9852 dollars.
The Australian dollar posted a position lower than the close of trading positions early this morning at 0.9893 level.
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Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
AUD / USD - Candle 1 Day
Aussie continues to move in this week's rebound,
and are now starting to nudge closest resistance in the range of 0.9945.
Aussie seems quite potentially re-examine the psychological level at 1.0000 level.
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Looking to bullish movement. Long position preferable at 0.9875 with price targets 1.0000 and 1.0015. If it is goes to below 0.9875 then we expect downward movement at 0.9820 and 0.9780 as price targets.
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i like your post...
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I see that Aud/Usd has broken its long term bearish channel and started to move up on a bullish channel to correct its position , so i see it a great chance to make profit , i waited this moment for this pair to start correcting its position from a long time and now it became a fact , so i will buy this pair on the next few hours waiting for its good news , buying will be on the long term and with large targets as @ 1.0034 (38.2%) , @ 1.0231 (50.0%) then @ 1.0429 (61.8%) , Good Luck
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Aniket Gawande (2012-06-07)
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I still holding a long comfortably at comfortable price, if my short hits b/e I'll continue my long, if my long hits my comfortable price ill make back from my short, but if it takes my short an immediatly comes back down, then i just stuffed up and got greedy :-)
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Technically showing bullish trend. Long position is preferable at 0.0978 and target 0.0986 and 0.099. If it goes to below 0.978 then we expect downward movement 0.0969 and 0.0965.
Last edited by BDforex; 2012-06-06 at 12:38 PM.
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