| Updated the: 02/18/2013 |
AUD/USD : Short term bearish channel |
Sentiment : ![]() 1,04 ![]() 1,0350 ![]() |
--- Follow up analysis --- I advise traders to trade only short positions as far as 1.0350 is resistance. A stay below 1.03 will reinforce our bearish sentiment. A break of 1.0250 would give a new sell signal for an extension of the bearish rally towards 1.02 or lower level is this level is broken. In case of return of above 1.0350 then I would advise traders to wait for a breakout of 1.04 (exit of the channel) before trading long positions. Analysis published by Vincent, the 02/18/2013 at 09h30 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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