AUD/USD - Australian Dollar US Dollar, American Session - 19/11/08

19 November 2008 @ 05:41 am EDT

0,6477. AUD USD is in a range between 0,6415 and 0,6575. AUD USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. Bollinger bands are flat. ForexTrend 4H, 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 - 0,6575
Supports
0,6415 - 0,6340

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

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