AUD/USD - Australian Dollar US Dollar
Short term (Intraday)
0,8540. AUD USD broke 0,8575 support. AUD USD is in an downtrend directed by 4H exponential moving averages. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bearish configuration. The downtrend should continue to gather momentum.
=> We could take a short position at 0,8540. We will put the stop loss above 0,8580 (-40 pips). The targets are 0,8450 (+90 pips) 0,8400 (+140 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 4.
=> We could take a short position at 0,8540. We will put the stop loss above 0,8580 (-40 pips). The targets are 0,8450 (+90 pips) 0,8400 (+140 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 4.
- Resistances
- 0,8550 - 0,8575
- Supports
- 0,8490 - 0,8450
updated 26 août 2008 13:07 GMT +02:00
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