Monday, August 20, 2012

AUD / USD Aug 20-2012

Trade Idea AUD/USD intraday: key ST resistance at 1.046.

Pivot: 1.046
Our preference: Short positions below 1.046 with targets @ 1.04 & 1.038 in extension.
Alternative scenario: Above 1.046 look for further upside with 1.05 & 1.053 as targets.
Comment: as long as the resistance at 1.046 is not surpassed, the risk of the break below 1.04 remains high.


This Week You Suggested Trade With : 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. Visit Us www.deryworldscorp.web.id

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