AUD unknown

0.8053. AUD USD is in a consolidation after the last bullish...

  1. Hangseng
    13,363 Posts.
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    26/06/09
    22:40
    Post #: 5330083
    0.8053. AUD USD is in a consolidation after the last bullish movement. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on AUD USD. The price should find a resistance below 0,8080 (27 pips). The consolidation should continue.
    Resistances
    0,8080 - 0,8120
    Supports
    0,8010 - 0,7930

    http://www.ibtimes.com/articles/20090626/aud-usd-australian-dollar-us-dollar-european-session-26-06-09.htm
    AUD Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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