Forex Forum

Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: machala on February 21, 2011, 11:01:46 pm

Title: Trade Idea: AUD/USD ?Stand aside
Post by: machala on February 21, 2011, 11:01:46 pm
Trade Idea: AUD/USD ?Stand aside

<p>Although the Australian dollar has retreated after intra-day retest of Friday?s high at 1.0158 and consolidation with mild downside bias is seen for test of 1.0088 (Friday?s low), break there is needed to signal the rise from 0.9944 has possibly ended and bring weakness to previous minor resistance at 1.0058<img src="http://feeds.feedburner.com/~r/ElliottWaveDailyTrades/~4/Y9ZTlqatcYw" height="1" width="1"/>

Source: Trade Idea: AUD/USD ?Stand aside (http://feeds.actionforex.com/~r/ElliottWaveDailyTrades/~3/Y9ZTlqatcYw/)