Australian Dollar US Dollar (AUD/USD) - 05/05/2008 - Archive

AUD/USD - Australian Dollar US Dollar

AUD/USD - Australian Dollar US Dollar

Short term (Intraday)

0,9408. AUD USD is in a range between 0,9290 and 0,9450. AUD USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. Bollinger bands are parallel and form the trend. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on AUD USD. The price should continue to move in 0,9290 / 0,9450 range. We won't take a position. The risk/reward ratio is too high to take a position..

Resistances
0,9420 - 0,9450
Supports
0,9395 - 0,9335
updated 05 mai 2008 13:22 GMT +02:00

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