Forex Analysis: 2 Mar 2012, 19:36 UTC+00
AUD/USD Sell Bellow 1.08 for March 02, 2012 (Daily Strategy)


Show full picture

 

 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.

 


Performed by
analytical expert: Gerardo Porras Palomino
InstaForex Group © 2007-2015
 Published: 2 Mar 2012, 19:36 UTC+00

 
Recommend: Forex Analytics
 
Intraday technical levels and trading recommendations for EUR/USD for April 17,...
17 Apr 2015, 16:54 UTC+00   
Views today 760
Technical analysis of Silver for April 17, 2015
17 Apr 2015, 11:19 UTC+00   
Views today 737
Technical analysis of EUR/USD for April 17, 2015
17 Apr 2015, 06:14 UTC+00   
Views today 798
Technical analysis of USD/JPY for April 17, 2015
17 Apr 2015, 15:14 UTC+00   
Views today 697
Technical analysis and trading recommendation for USDX & USD/JPY for April...
17 Apr 2015, 08:44 UTC+00   
Views today 742