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Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: Hemant on March 03, 2011, 05:08:14 am

Title: AUD/USD Daily Outlook
Post by: Hemant on March 03, 2011, 05:08:14 am
AUD/USD Daily Outlook

Intraday bias in AUD/USD remains neutral and the overall outlook remains unchanged. As noted before, while upside momentum is clearly seen diminishing with bearish divergence condition in daily MACD, AUD/USD is still drawing strong support from 55 days EMA. Recent up trend is still in favor to continue further. Break<img src="http://feeds.feedburner.com/~r/ActionInsightallTechnical/~4/mBdUAedT_0o" height="1" width="1"/>

Source: AUD/USD Daily Outlook (http://feeds.actionforex.com/~r/ActionInsightallTechnical/~3/mBdUAedT_0o/)