Rate this Entry

5 : Excellent 4 : Good 3 : Average 2 : Bad 1 : Terrible

• Digg this Post!
• Add Post to del.icio.us
• Bookmark Post in Technorati
• Furl this Post!
• http://www.moneytec.com/forums/
• 
• Spurl this Post!
• Reddit!
• Wong this Post!
• Twit this!

AUDUSD stays above the rising trend line

Posted 06-30-09 at 09:43 PM by sdotwewen

---

AUDUSD stays above the rising trend line on 4-hour chart and remains in short term uptrend from 0.7789. As long as the trend line support holds, we’d expect uptrend to continue and further rally is possible to 1.8200 zone in a couple of days. However, a clear break below the trend line support will indicate that the rise from 0.7789 has completed and the follow pullback will take price to 0.7850-0.7900 area.



Daily Forex Forecast

Posted in Uncategorized

Views 40 Comments 0

Comments

Trackbacks

sdotwewen

• Join Date Apr 2006
• Posts 1,233
• Blog Entries 68

• Find Blog Entries by sdotwewen

  Containing Text: Search Titles Only

  Advanced Search
• Blog Categories

  Local Categories

  • Uncategorized
• Recent Entries

  • GBPUSD formed a short term cycle bottom
  • GBPUSD broke above the upper border of the price channel
  • GBPUSD remains in downtrend from 1.7042
  • GBPUSD remains in downtrend from 1.6623
  • EURUSD has formed a short term cycle top
• Recent Visitors

  • Admin
  • jacquest
  • krekel
  • nawafasad1
  • rompry
  • V!cky

• Archive
  <      March 2010
  Su	Mo	Tu	We	Th	Fr	Sa
  21	22	23	24	25	26	27
  28	1	2	3	4	5	6
  7	8	9	10	11	12	13
  14	15	16	17	18	19	20
  21	22	23	24	25	26	27
  28	29	30	31	1	2	3