Monday, July 16, 2012

AUD/USD Jul 16 2012


Trade Idea AUD/USD intraday: intraday support around 1.018.

Pivot: 1.018
Our preference: Long positions above 1.018 with targets @ 1.028 & 1.03 in extension.
Alternative scenario: Below 1.018 look for further downside with 1.014 & 1.0095 as targets.
Comment: the break above 1.018 is a positive signal that has opened a path to 1.028.


Disclaimer 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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