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Wednesday, 18 July 2012

2012.07.18 12:02:45 AUD/USD MT: bullish bias above 0.995.

AUD/USD MT: bullish bias above 0.995.

Update on supports and resistances.
Pivot: 0.9950

Our Preference: LONG position above 0.9950 with 1.0385 & 1.0625 in sight.

Alternative Scenario: Below 0.9950 down move to 0.9650.

Comment: the pair has broken above a bearish trend line calling for
further recovery.

Trend: ST Ltd Upside; MT Range, we have been bullish since 4 JUL 2012 (1.0285).

Key levels Comment

1.0850*** Horizontal resistance
1.0625** Horizontal resistance
1.0385** Horizontal resistance
1.0295 Last
0.9950*** MT pivot point
0.9650*** Horizontal support
0.9385*** Horizontal support



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Time MA20 MA50 MA20_50 MACD_SL MACD_0 Bollinger RSI70 RSI30 Volume

17.07.2012 22:45 Up

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