Thursday, July 19, 2012

AUD/USD Jul 19 -2012


 Trade Idea AUD/USD intraday: the upside prevails.

Pivot: 1.0325
Our preference: Long positions above 1.0325 with targets @ 1.0425 & 1.045 in extension.
Alternative scenario: Below 1.0325 look for further downside with 1.0285 & 1.023 as targets.
Comment: the RSI is bullish and calls for further upside.


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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