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Author Topic: AUD/USD Weekly Outlook  (Read 4285 times)
Hemant
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« on: February 20, 2011, 11:03:54 am »
AUD/USD Weekly Outlook

After dipping to 0.9943, AUD/USD rebounded strongly from there. Recent outlook in AUD/USD has been quite mixed as it's been clearly losing upside momentum as seen in bearish divergence condition in daily MACD. Nevertheless, AUD/USD is still having strong support from 55 days EMA and refused to stay below this<img src="http://feeds.feedburner.com/~r/ActionInsightallTechnical/~4/ZtH6wKApRpo" height="1" width="1"/>

Source: AUD/USD Weekly Outlook
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