Saturday, March 13, 2010

AUD USD Second Week Of March OVERVIEW

AUD USD Second Week Of March OVERVIEW


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The analysis we provide is based on the average estimate of price movements in one day. Does not guarantee what we deliver is actually a proper and correct. Everything that happens in the decisions you make on your trading transaction is to be Your responsibilities.

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1 comment:

  1. The AUD/USD appears to be having challenges breaking above the 0.9193 as a double top forms. The pair has been in a bullish trend since late February, 2010. The pair has only been below the 200 Hour moving average once in that entire time so the bias remains bullish for the time being, however, the pair may move to test the 100 Hour moving average in the near term (blue line 0.9134). Below that the 200 Hour MA (green line) comes into focus at 0.9087.

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