23 April 2012 06: 14 GMT
AUD/USD: our bearish Outlook in this market is to be reaffirmed with the final withdrawal of the mi-de 1.0400 and we continue to deeper setback of the project in the coming days and weeks of return under parity. A low cost high now seems to be carving by 1.0465 but only back above 1.0640 would delay and give reason to worry. From there, look for a break and close back under 0.9900 to open the next downside extension towards 1.0000 on upcoming sessions.
No comments:
Post a Comment