AUD/USD - Australian Dollar US Dollar, American Session - 28/05/08

By @ibtimes on

0,9583. AUD USD is in a range between 0,9560 and 0,9630. AUD USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. Oscillators are neutral. The price should continue to move in Bollinger bands. We won't take a position. The risk/reward ratio is too high to take a position..

0,9600 - 0,9630
0,9560 - 0,9545

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