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Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: machala on February 17, 2011, 11:01:31 pm

Title: Trade Idea: AUD/USD ?Hold short entered at 1.0065
Post by: machala on February 17, 2011, 11:01:31 pm
Trade Idea: AUD/USD ?Hold short entered at 1.0065

<p>Yesterday?s rebound suggests further consolidation above this week?s low at 0.9944 would take place but as long as indicated minor resistance at 1.0058 holds, bearishness remains for the fall from 1.0201 to resume after consolidation, break of said support would extend weakness to 0.9900, however, reckon support at 0.9865/70 would<img src="http://feeds.feedburner.com/~r/ElliottWaveDailyTrades/~4/OvaADOvIMRQ" height="1" width="1"/>

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