ISE FX Australian Dollar* ST: rebound expected.

 @ibtimes
on April 29 2009 11:20 AM

Update on supports and resistances.Resistance3 : 155Resistance2 : 152.5Resistance1 : 146.25Last Price : 138.3Pivot Point: 136.5Support1 : 136.5Support2 : 133.65Support3 : 130Pivot: 136.5Our preference: Long positions above 136.5 with targets @ 146.25 & 152.5 in extension.Alternative scenario: Below 136.5 look for further downside with 133.65 & 130 as targets.Comments: the RSI lacks downward momentum.155152.5146.25138.3 (last)136.5133.65130*USD/AUD Index: the ISE Exchange measures the strength and weakness of the US DOLLAR versus the AUSTRALIAN DOLLAR. For details go to www.ise.com

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