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Wednesday, May 2, 2012

$/$ AUD/USD technical report classic 05.02

02 may 2012 06: 05 GMT
daily_classical_aussie_body_aud.png, AUD/USD Classical Technical Report 05.02
 AUD/USD: our bearish Outlook in this market remains intact and we continue to deeper setback of the project in the coming days and weeks of return under parity. A low high fee is now wanted by the 1.0475 but only back above 1.0640 would eventually delay and give reason to worry. From there, look for a break back below 1.0225 to confirm the bias and accelerate the decline.

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