AUD/USD - Australian Dollar US Dollar, European Session - 16/05/08
0,9448. AUD USD is in a range between 0,9300 and 0,9500. AUD USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. Oscillators are neutral. The price should continue to move in 0,9300 / 0,9500 range. We won’t take a position. The risk/reward ratio is too high to take a position..
- Resistances
- 0,9460 - 0,9500
- Supports
- 0,9375 - 0,9300
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