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Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: machala on February 25, 2011, 11:10:08 pm

Title: Trade Idea: AUD/USD ?Hold short entered at 1.0120
Post by: machala on February 25, 2011, 11:10:08 pm
Trade Idea: AUD/USD ?Hold short entered at 1.0120

<p>As aussie has rebounded again after yesterday?s brief retreat to 1.0001 on broad-based weakness in the greenback, suggesting caution on our short position entered at 1.0120 and indicated resistance at 1.0158 needs to hold to retain our consolidative view and bring retreat later. Below said minor support would bring another<img src="http://feeds.feedburner.com/~r/ElliottWaveDailyTrades/~4/DKeFE453Afg" height="1" width="1"/>

Source: Trade Idea: AUD/USD ?Hold short entered at 1.0120 (http://feeds.actionforex.com/~r/ElliottWaveDailyTrades/~3/DKeFE453Afg/)