Forex Forum
Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: Hemant on February 20, 2011, 11:03:54 am
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AUD/USD Weekly Outlook
After dipping to 0.9943, AUD/USD rebounded strongly from there. Recent outlook in AUD/USD has been quite mixed as it's been clearly losing upside momentum as seen in bearish divergence condition in daily MACD. Nevertheless, AUD/USD is still having strong support from 55 days EMA and refused to stay below this<img src="http://feeds.feedburner.com/~r/ActionInsightallTechnical/~4/ZtH6wKApRpo" height="1" width="1"/>
Source: AUD/USD Weekly Outlook (http://feeds.actionforex.com/~r/ActionInsightallTechnical/~3/ZtH6wKApRpo/)