Forex Forum
Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: Hemant on March 13, 2011, 05:03:29 am
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AUD/USD Weekly Outlook
AUD/USD managed to hold on to 55 days EMA again last week despite a brief break and thus, retained the mildly bullish outlook. As noted before, even though upside momentum is clearly seen diminishing with bearish divergence condition in daily MACD, there is no clear sign of reversal yet. Above<img src="http://feeds.feedburner.com/~r/ActionInsightallTechnical/~4/7p0LZh59yq4" height="1" width="1"/>
Source: AUD/USD Weekly Outlook (http://feeds.actionforex.com/~r/ActionInsightallTechnical/~3/7p0LZh59yq4/)