AUD/USD - Australian Dollar US Dollar, European Session - 23/07/09

  @ibtimes on

0,8185. AUD USD is in an uptrend supported by 1H exponential moving averages. Bollinger bands are parallel and form the trend. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bullish configuration. 1H, daily ForexSto (Modified Stochastic) indicate a bullish pressure on AUD USD. The price should find a support above 0,8110 (75 pips). The uptrend should continue to gather momentum.

Resistances
0,8200 - 0,8250
Supports
0,8110 - 0,8090

tags: Forex, audusd
author: Arnaud Jeulin
Mataf.net offers technical analysis, forex news and currency converter.

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