Forex Forum
Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: machala on March 02, 2011, 11:03:56 pm
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Trade Idea: AUD/USD ?Sell at 1.0170
<p>Despite this week?s marginal rise to 1.0203 on Monday, lack of follow through buying on the break of previous resistance at 1.0201 and current retreat suggest consolidation would take place with mild downside bias for correction to 1.0050 and possibly 1.0000 but support at 0.9966 should hold and bring another rise later.</p><img src="http://feeds.feedburner.com/~r/ElliottWaveDailyTrades/~4/w4lc-5LpSco" height="1" width="1"/>
Source: Trade Idea: AUD/USD ?Sell at 1.0170 (http://feeds.actionforex.com/~r/ElliottWaveDailyTrades/~3/w4lc-5LpSco/)