AUD/USD analysis of the week (4h candlesticks)

By ForexTribe
11 March 2010 @ 09:31 am EDT

The parity continues its bullish movement. All indicators are still bullish. The resistance at 0.92 has just been touched. The price seems now to take support on a bullish slant (black line). As far as the price is above this slant, we maintain to trade only long position. A break out of 0.92 will offer a new buy signal.



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