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Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: machala on March 11, 2011, 05:53:08 am

Title: Trade Idea: AUD/USD ? Sell at 1.0120
Post by: machala on March 11, 2011, 05:53:08 am

Trade Idea: AUD/USD ? Sell at 1.0120

<p>Although aussie fell to an intra-day low at 0.9969, as the Australian dollar has rebounded after holding above previous support at 0.9966, suggesting consolidation with mild upside bias would be seen for rebound to 1.0100 but reckon 1.0133-34 would limit upside and bring another decline later. A sustained breach below<img src="http://feeds.feedburner.com/~r/ElliottWaveDailyTrades/~4/3d8rADYB3Sw" height="1" width="1"/>

Source: Trade Idea: AUD/USD ? Sell at 1.0120 (http://feeds.actionforex.com/~r/ElliottWaveDailyTrades/~3/3d8rADYB3Sw/)