AUD/USD - Australian Dollar US Dollar, European Session - 29/02/08
0,9455. AUD USD is in an uptrend supported by 1H exponential moving averages. The volatility decreases. Bollinger bands are tightened. 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 price should find a resistance below 0,9500.
- Resistances
- 0,9500 - 0,9570
- Supports
- 0,9440 - 0,9380
Source : AUD USD
This entry was posted on Friday, February 29th, 2008 at 6:39 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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