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AUD/USD - Australian Dollar US Dollar, American Session - 02/07/09

02 Jul, 2009 @ 08:49 am ET | written by Mataf


0,8022. AUD USD is in an uptrend supported by daily exponential moving averages. AUD USD is in a consolidation after the last bullish movement. The volatility is high. ForexTrend daily (Mataf Trend Indicator) is in a bullish configuration. The consolidation should continue. The price should continue to move in 0,7970 / 0,8150 range.
Resistances
0,8060 - 0,8150
Supports
0,8015 - 0,7980

tags: Forex, audusd
author: Arnaud Jeulin
Mataf.net offers technical analysis, forex news and currency converter.

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

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