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

By IBTimes Staff Reporter | July 23 2009 2:49 AM

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.

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

tags: Forex, audusdauthor: Arnaud JeulinMataf.net offers technical analysis, forex news and currency converter.

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