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Author Topic: AUD/USD Weekly Outlook  (Read 3980 times)
Hemant
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« on: March 06, 2011, 11:09:31 am »
AUD/USD Weekly Outlook

Outlook in AUD/USD 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 should still continue further. Above 1.0200 resistance will target another high above 1.0254. On the<img src="http://feeds.feedburner.com/~r/ActionInsightallTechnical/~4/FSTk94mHCRo" height="1" width="1"/>

Source: AUD/USD Weekly Outlook
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