Pages

Wednesday, 5 September 2012

2012.09.05 06:11:47 AUD/USD intraday: the downside prevails.

AUD/USD intraday: the downside prevails.

Update on supports and resistances.
Pivot: 1.0245

Our preference: Short positions below 1.0245 with targets @ 1.017 &
1.015 in extension.

Alternative scenario: Above 1.0245 look for further upside with 1.0285
& 1.0315 as targets.

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

Key levels
1.0315
1.0285
1.0245
1.0214 last
1.017
1.015
1.0135

Copyright 1999 - 2012 TRADING CENTRAL
Trading Central recommends MT5 to publish FX charts
Copyright Trading Central 1999-2011

No comments:

Post a Comment