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

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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
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