» AUD/USD - Australian Dollar US Dollar, European Session - 22/04/08

AUD/USD - Australian Dollar US Dollar, European Session - 22/04/08

0,9425. AUD USD is in a consolidation after the last bullish movement. The volatility is low. Bollinger bands are flat. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bullish configuration. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on AUD USD. The uptrend should continue to gather momentum. The target is expected at 0,9500.
Resistances
0,9440 - 0,9500
Supports
0,9400 - 0,9370

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This entry was posted on Tuesday, April 22nd, 2008 at 7:37 and is filed under Uncategorized. 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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