ISE FX Australian Dollar: rebound in sight.
03 Nov, 2009 @ 10:50 am ET | By Trading Central
Update on supports and resistances.
Resistance3 : 122.5
Resistance2 : 118.15
Resistance1 : 113.85
Last Price : 111.35
Pivot Point: 107
Support1 : 107
Support2 : 102
Support3 : 94
Pivot: 107
Our preference: Long positions above 107 with targets @ 113.85 & 118.15 in extension.
Alternative scenario: Below 107 look for further downside with 102 & 94 as targets.
Comment: the RSI has broken above its channel resistance.
122.5
118.15
113.85
111.35 (last)
107
102
94
*USD/AUD Index: the ISE Exchange measures the strength and weakness of the US DOLLAR versus the AUSTRALIAN DOLLAR. For details go to www.ise.com
For more forex information go to www.tradingcentral.com
Related Articles:
- Daily Review EURO (EUR) 24/11/2009 4:11 AM ET
- Technical analysis for November 24 , 2009 Nov 23, 09
- Euro / US Dollar - 2009-11-24 07:30:41 GMT 2:19 AM ET
- Australian dollar / US Dollar - 2009-11-24 07:08:54 GMT 1:49 AM ET
Sponsored Articles:
- Are These 4 Emotional Pitfalls Sabotaging Your Trading? Nov 12, 2009 4:46PM
- Q&A With Robert Prechter: Why Technical Analysis Beats Out Fundamental Analysis Nov 12, 2009 4:43PM
- Finance's Euphoria: The Epilogue - What Record High Dollar Volume of Trading Says About Confidence Nov 06, 2009 4:32PM



US
UK
Chinese
Japanese
Hong Kong
Spanish
Deutsch
Portuguese
Korean
French
Russian



RSS Most read
Australia
Canada
EMU
Japan
Swiss
England
US

