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Monday, May 28, 2012

:: Resistance AUDUSD planned above 9900

Every day bars

eliottWaves_aud-usd_body_audusd.png, AUDUSD Resistance Expected above 9900Prepared by Jamie Saettele, CMT
Thegap left open from 28/11/11 the 9773 was completed and given rise to a correction AUDUSD. Near term, support is 9815 and resistance is expected in the region of 9935/65. After having rebounded almost 200 pips of the low, medium-term players should seek short over 9900. Traders handy short term wish to trade on the long side to the mentioned levels.
LEVELS: 9387 9660 9890 9934 9965 10020

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