Main Quotes Calendar Forum
flag

FX.co ★ AUD/USD Bearish Outlook, April 13, 2011 (Daily Strategy)

parent
Forex Analysis:::2011-04-13T15:28:51

AUD/USD Bearish Outlook, April 13, 2011 (Daily Strategy)

AUD/USD Bearish Outlook, April 13, 2011 (Daily Strategy)

AUD/USD

The daily chart of AUD / USD, we believe that the pair has found a strong barrier to overcoming the price of 1.0580, from my point of view, if the pair tried again de1.0560 back to level, and fail in its attempt to drill, would be an opportunity to enter into short selling, with a target around the second Weekly support is the level of 1.0180.

However, if the pair descend and close below the weekly pivot around 1.0476 would be a clear indication to enter selling, our stop loss above the monthly maximum.

Share this article:
parent
loader...
all-was_read__icon
You have watched all the best publications
presently.
We are already looking for something interesting for you...
all-was_read__star
Recently published:
loader...
More recent publications...