|AUD/USD : Strong rebound on the major support at 1.02|
|--- Follow up analysis ---
The pair AUD/USD has failed to break the resistance at 1.06 after a bullish rally last friday but still continues to move above a bullish slant (brown line).We advise to trade only long positions as far as 1.0450 is support. The breakout of 1.0550 and 1.06 will both give a new buy signal and open the way towards 1.07.
In case of return above 1.0450, we will advise to trade short positions only if 1.04 is broken.
>Analysis published by Vincent, the 09/17/2012 at 12h00 GMT+2
|Complete sheet of the pair AUD/USD - Previous AUD/USD Analysis|
|Chart of the pair AUD/USD - Timeframe 4H|
|Chart of the pair AUD/USD - Timeframe 1H|
|AUD/USD Live Chart - Timeframe : 4h|
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