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Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: machala on March 08, 2011, 11:07:55 pm

Title: Trade Idea: AUD/USD ? Stand aside
Post by: machala on March 08, 2011, 11:07:55 pm
Trade Idea: AUD/USD ? Stand aside

<p>Although aussie rebounded yesterday to as high as 1.0185, price faltered below indicated resistance at 1.0203 again and has retreated, suggesting further choppy consolidation would take place but break of indicated support at 1.0075 is needed to revive our near term bearishness and signal the rebound from 0.9944 has ended<img src="http://feeds.feedburner.com/~r/ElliottWaveDailyTrades/~4/JnMMhYcPmA0" height="1" width="1"/>

Source: Trade Idea: AUD/USD ? Stand aside (http://feeds.actionforex.com/~r/ElliottWaveDailyTrades/~3/JnMMhYcPmA0/)