AUD/USD - Australian Dollar US Dollar, European Session - 28/02/08
0,9415. AUD USD is in an uptrend supported by 1H exponential moving averages. The volatility decreases. Bollinger bands are parallel and form the trend. 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
- 0,9460 - 0,9500
- Supports
- 0,9400 - 0,9370
Source : AUD USD
This entry was posted on Thursday, February 28th, 2008 at 6:31 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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