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AUD/USD INTRADAY: INTRADAY SUPPORT AROUND 1.012.
2011-12-28 10:19:57

 

AUD/USD INTRADAY: INTRADAY SUPPORT AROUND 1.012.
Pivot: 1.012

Most Likely Scenario: Long positions above 1.012 with targets @ 1.022 & 1.0265 in extension.

Alternative scenario: Below 1.012 look for further downside with 1.0085 & 1.0055 as targets.

Comment: Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
 

 



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