0,9508. AUD USD broke 0,9515 support. The volatility rises. Bollinger bands are parallel and form the trend. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. The downtrend should continue to gather momentum.
=> We could take a short position at 0,9510. We will put the stop loss above 0,9540 (-30 pips). The targets are 0,9475 (+35 pips) 0,9410 (+100 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 2.

updated 09 juil 2008 05:07 GMT