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AUD/USD - Australian Dollar US Dollar, European Session - 18/11/08

17 Nov, 2008 @ 09:51 pm ET | written by Mataf


0,6466. AUD USD is in a range between 0,6340 and 0,6665. AUD USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. The price should continue to move in Bollinger bands. We won't take a position.
Resistances
0,6500 - 0,6665
Supports
0,6430 - 0,6340

For more forex information, go to www.mataf.net

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