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

By IBTimes Staff Reporter | January 20 2010 3:33 AM

The parity AUD/USD just confirm the exit of its range 0.92-0.93. The break out of the support at 0.92 offered a sell signal. We advise to trade only short positions as far as the price is below 0.92. The next support is just above 0.91. A break out of this level will offer a new sell signal.

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