AUD unknown

trade, page-63

  1. 642 Posts.
    hi, looking at the bollinger bands on the 3 hour and 4 hour charts it has reached the top of both of the bands which could mean a move back to the lower band might happen.

    Also using the macd 3-5-4 settings on a 3 hour chart it shows a cross down which hasnt happened since it crossed up around the 8620 mark yesterday. The 4 hour chart hasnt crossed yet but is dropping.

    Wall street on a 4 hour chart using the macd has crossed down recently which has been in an uptrend since crossing up yesterday at 9640.

    A move back to 8650 might happen later if it starts to drop soon.
 
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