Forex Forum
Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: machala on February 18, 2011, 11:03:22 pm
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Trade Idea: AUD/USD ?Stand aside
The Australian dollar rebounded in part due to cross-buying and has continued to edge higher after breaking indicated minor resistance at 1.0058, suggesting the retreat from 1.0201 has ended and gain to 1.0160/70 cannot be ruled out, however, break of said resistance at 1.0201 is needed to turn outlook bullish<img src="http://feeds.feedburner.com/~r/ElliottWaveDailyTrades/~4/pNRvtRXBk60" height="1" width="1"/>
Source: Trade Idea: AUD/USD ?Stand aside (http://feeds.actionforex.com/~r/ElliottWaveDailyTrades/~3/pNRvtRXBk60/)