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Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: machala on February 23, 2011, 11:10:21 pm

Title: Trade Idea: AUD/USD ?Sell at 1.0120
Post by: machala on February 23, 2011, 11:10:21 pm
Trade Idea: AUD/USD ?Sell at 1.0120

<p>Despite falling to 0.9966 yesterday, as aussie has rebounded today, suggesting further consolidation would take place and recovery to 1.0100 and possibly 1.0120 cannot be ruled out, however, last week?s high at 1.0158 should hold, bring another retreat later. A break of said support would extend weakness to 0.9944, however,<img src="http://feeds.feedburner.com/~r/ElliottWaveDailyTrades/~4/aUrICe5VXQs" height="1" width="1"/>

Source: Trade Idea: AUD/USD ?Sell at 1.0120 (http://feeds.actionforex.com/~r/ElliottWaveDailyTrades/~3/aUrICe5VXQs/)