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| Updated the: 02/06/2013 |
AUD/USD : Short term bearish channel |
Sentiment :  1,0450  1,04  |
--- Follow up analysis --- I advise traders to trade only short positions parity as the price will be located under 1.04. A stay below 1.0350 will reinforce our bearish sentiment. A break of 1.03 would give a new sell signal for an extension of the bearish rally towards 1.0250 or lower level is this level is broken. In case of return of above 1.04 then I would advise traders to wait for a breakout of 1.0450 before trading long positions. Traders with a more agressive strategy could trade the pair according to 1.04 (long above and short below). Analysis published by Vincent, the 02/06/2013 at 10h00 GMT+2 |
| - Complete sheet of the pair AUD/USD - Previous AUD/USD Analysis - |
| Chart of the pair AUD/USD - Timeframe 1H | |
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