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Friday, 20 July 2012

2012.07.20 10:37:06 AUD/USD intraday: the upside prevails.

AUD/USD intraday: the upside prevails.

Update on supports and resistances.
Pivot: 1.035

Our preference: Long positions above 1.035 with targets @ 1.045 & 1.05
in extension.

Alternative scenario: Below 1.035 look for further downside with 1.029
& 1.023 as targets.

Comment: even though a continuation of the consolidation cannot be
ruled out, its extent should be limited.

Key levels
1.056
1.05
1.045
1.0419 last
1.035
1.029
1.023


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Time MA20 MA50 MA20_50 MACD_SL MACD_0 Bollinger RSI70 RSI30 Volume

19.07.2012 22:46 Up
17.07.2012 22:45 Up

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