Friday 4 April 2014

FOREX Trading Signal For Today: AUD/USD Trend

FOREX Signals
AUD/USD Today
AUD/USD Trend 
Today the pair AUD/USD traded with a neutral character, bulls gradually gain strength, trying to break out of the range. Currently on the daily chart we can see the main downward trend of gradually increasing interest prevails. As previously predicted, after a bullish rally in the market gradually went along consolidation range 0.9215/0.9265. Now we see how the market has a balance between bulls and bears, giving time for taking a decision on the future course. Development of the plot for the next trading days may be so- maybe we will see further uncertainty in the range (0.9215/0.9265) as long as the bulls or bears are not handled market. If the price still be able to cross 0.9265 mark and demonstrate growing interest in long positions, it is possible to expect a gradual rise to the historical level of 0.9365, which is probably formed deeper bearish correction.

Key resistance levels are 0.9275, 0.9365 and 0.9450 while support levels are looking at 0.9200, 0.9100 and 0.9000 levels

FOREX Signal

Buy a pair of recommended at a price above 0.9265, with the prospect of running to around 0.9365.
Sale recommends a pair at a price below 0.9190, with the prospect of running to around 0.9100.

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