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Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: pranjali on February 08, 2010, 11:06:19 am

Title: AUD/USD Stabilizes as FX Markets Cool
Post by: pranjali on February 08, 2010, 11:06:19 am
AUD/USD Stabilizes as FX Markets Cool
         


The AUD/USD is stabilizing above its psychological .85 level and our uptrend lines as the risk trade stabilizes across the marketplace. A weekend of rest coupled TrichetÂ’s reassurances the ECB and EU have GreeceÂ’s debt issue under control has allowed the Dollar to ease off of last weekÂ’s highs following...
         

http://www.actionforex.com/technical-analysis/daily-forex-technicals/aud%10usd-stabilizes-as-fx-markets-cool-20100208106286/