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Author Topic: AUD/USD Daily Outlook  (Read 4296 times)
Hemant
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« on: March 09, 2011, 05:05:55 am »
AUD/USD Daily Outlook

No change in AUD/USD's outlook. 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 of 1.0200 again will target another high above 1.0254. On<img src="http://feeds.feedburner.com/~r/ActionInsightallTechnical/~4/Mjtey3o6u_w" height="1" width="1"/>

Source: AUD/USD Daily Outlook
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