Thursday, September 13, 2012

AUD/USD Sept 13-2012

Trade Idea AUD/USD intraday: bullish bias above 1.042.

Pivot: 1.042
Our preference: Long positions above 1.042 with targets @ 1.0505 & 1.055 in extension.
Alternative scenario: Below 1.042 look for further downside with 1.04 & 1.037 as targets.
Comment: the RSI has just landed on a support around 30% and is reversing up.


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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