EUR/USD: Weekly Technical Levels March 5-9, 2012.
Fundamental Analysis for March 02, 2012
News: 2012-03-02 16:36:44 UTC+00 1 year, 2 months, 2 weeks, 5 days, 2 hours, 13 min. ago
AUD/USD Sell Bellow 1.08 for March 02, 2012 (Daily Strategy)


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 The AUD/USD pair

Yesterday the AUD / USD pair again has faled to close above the resistance level 1.08 W_R1. Thus, this morning during the American session we could observe the bearish reversal signals, Therefore, at current levels SELL-deals are recommend selling  with the level 1.0484 (W_S2) seen as the medium-term target.

Range indicator is located in the area 98 indicating the oberbought character of the aussie due to the release of the Australian fundamental data.

 

Gerardo Porras Palomino is taking part in the "Analyst of the Year" award organized by MT5.com portal. If you like his article, please vote for him.

Performed by
Analytical expert: Gerardo Porras Palomino
InstaForex Group © 2007-2013
 Published: 2012-03-02 16:36:44 UTC+00 1 year, 2 months, 2 weeks, 5 days, 2 hours, 13 min. ago

 
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