AUD/USD - Australian Dollar US Dollar DEC17

Dec 17, 2004 0 Replies

AUD/USD - Australian Dollar US Dollar Short term (Intraday)



0,7591. AUD USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. Oscillators are neutral. The trend should reverse. The price should find a support above
0,7540. We could take a short position at 0,7590. We will put the stop loss above 0,7610 (-20 pips). The major target is 0,7540 (+50 pips). This is a dangerous trade, take care and put your stop loss. Resistances : 0,7600 - 0,7610 - 0,7635 Supports : 0,7585 - 0,7575 - 0,7540 Chart :
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