» AUD/USD - Australian Dollar US Dollar, American Session - 20/02/08

AUD/USD - Australian Dollar US Dollar, American Session - 20/02/08

0,9135. AUD USD is in an uptrend supported by 1H exponential moving averages. AUD USD is in a consolidation after the last bullish movement. The volatility is high. Oscillators are neutral. The consolidation should continue. The price should continue to move in 0,9130 / 0,9240 range. We won’t take a position. The risk/reward ratio is too high to take a position..
Resistances
0,9175 - 0,9240
Supports
0,9130 - 0,9100

Source : AUD USD

This entry was posted on Wednesday, February 20th, 2008 at 14:27 and is filed under AUD USD. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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