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Thursday, 12 July 2012

2012.07.11 20:46:17 AUD/USD intraday: bullish bias above 1.021.

AUD/USD intraday: bullish bias above 1.021.

Update on supports and resistances.
Pivot: 1.021

Our preference: Long positions above 1.021 with targets @ 1.028 &
1.0325 in extension.

Alternative scenario: Below 1.021 look for further downside with
1.0175 & 1.015 as targets.

Comment: the RSI is mixed with a bullish bias.

Key levels
1.0355
1.0325
1.028
1.02203 last
1.021
1.0175
1.015
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