0 votes vote | Click to vote

AUD/ USD - Daily technical Strategy and Outlook (06:40 EST)

03 Nov, 2009 @ 10:22 am ET | written by Forextribe


The parity continue to move below its bearish slant but with indecision. Lastly, 0.90-0.91 acted as support and resistance. Currenlty, the price is testing a break out of 0.90. We advise to trade only short positions as far as the price is below 0.90. A break out of 0.89 will comfort the bearish movement.

http://www.tribuforex.fr/img_vrac_2/audusd03112009.png

For more reports, go to Forextribe

  • Size: t1 t2 t3
  • Print: print
  • Email: email
 
IBTimes.com Web
Partners
International Business Times© 2009 The Ibtimes Company. All Rights Reserved. Terms of service | Privacy Policy | Advertising | About Us | Contact Us | Archives