AUDUSD: small range between 0.9153 and 0.9212-10:35 (CET)

20 November 2009 @ 07:26 am EDT

We see on the daily candles chart how the price corrected since we marked the high wave candle and is near the uptrend trendline. Yesterday, the price met with the resistance at 0.9153. If it's not broken, the price will go to the resistance at 0.9212 that was also tested twice with no success. Above, once that level is broken, 0.9239 and 0.9303 will be the objectives for today. Below, the upwards trendline by the support at 0.9112.

Copyright 2009, Advanced Currency Markets SA, Forex Broker, All Rights Reserved

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