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Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: machala on March 10, 2011, 11:03:24 pm

Title: Trade Idea: AUD/USD ? Sell at 1.0120
Post by: machala on March 10, 2011, 11:03:24 pm
Trade Idea: AUD/USD ? Sell at 1.0120

<p>As the Australian dollar dropped in tandem with kiwi, adding credence to our view that the rebound from 0.9803 has ended at 1.0203 as a triple three (abc-x-abc-x-abc) and consolidation with downside bias remains for weakness to 0.9966 but break of support at 0.9944 is needed to confirm this view<img src="http://feeds.feedburner.com/~r/ElliottWaveDailyTrades/~4/CNTpsjGOfKo" height="1" width="1"/>

Source: Trade Idea: AUD/USD ? Sell at 1.0120 (http://feeds.actionforex.com/~r/ElliottWaveDailyTrades/~3/CNTpsjGOfKo/)