AUD-USD Weekly analysis - Forex

forex initial bias

initial bias » forex

21 November 2009 5:33 AM ( 79 days ago)

After edging higher to 0.9404 last week, AUD/USD reversed and fell sharply to as low as 0.9060.As short term top is at least in place with bearish divergence conditions in 4 hours MACD and RSI.Initial bias will remain on the downside this week and deeper decline should be seen to 0.8915 ...
initial bias

To comment or read log in. No account? Register free.