Tuesday, July 17, 2012

AUD/USD Jul 17-2012


Trade Idea AUD/USD intraday: supported by a rising trend line.

Pivot: 1.0235
Our preference: Long positions above 1.0235 with targets @ 1.0325 & 1.035 in extension.
Alternative scenario: Below 1.0235 look for further downside with 1.02 & 1.0175 as targets.
Comment: the immediate trend remains up and the momentum is strong.


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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