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Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: machala on February 22, 2011, 11:01:10 pm

Title: Trade Idea: AUD/USD ?Sell at 1.0100
Post by: machala on February 22, 2011, 11:01:10 pm
Trade Idea: AUD/USD ?Sell at 1.0100

<p>Despite last week?s rise to 1.0158, the subsequent retreat on risk aversion signals the rebound from 0.9944 has ended there and consolidation with downside bias is seen for another test of this level, however, break there is needed to retain bearishness and extend weakness to 0.9900. Looking ahead, a drop<img src="http://feeds.feedburner.com/~r/ElliottWaveDailyTrades/~4/spGm4FXnYCw" height="1" width="1"/>

Source: Trade Idea: AUD/USD ?Sell at 1.0100 (http://feeds.actionforex.com/~r/ElliottWaveDailyTrades/~3/spGm4FXnYCw/)