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Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: machala on March 09, 2011, 11:02:58 pm

Title: Trade Idea: AUD/USD ? Sell at 1.0160
Post by: machala on March 09, 2011, 11:02:58 pm
Trade Idea: AUD/USD ? Sell at 1.0160

<p>Despite rebounding to this week?s high of 1.0185 on Monday, the subsequent retreat below support at 1.0075 has retained our consolidative view and as long as resistance at 1.0203 holds, mild downside bias remains for weakness towards 1.0000, however, break there is needed to signal the rebound from 0.9944 has<img src="http://feeds.feedburner.com/~r/ElliottWaveDailyTrades/~4/zfdtfaENQ9M" height="1" width="1"/>

Source: Trade Idea: AUD/USD ? Sell at 1.0160 (http://feeds.actionforex.com/~r/ElliottWaveDailyTrades/~3/zfdtfaENQ9M/)