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AUD/USD INTRADAY: THE DOWNSIDE PREVAILS.
2011-12-29 15:43:44

 

AUD/USD INTRADAY: THE DOWNSIDE PREVAILS.
Pivot: 1.0135

Most Likely Scenario: Short positions below 1.0135 with targets @ 1.0045 & 1 in extension.

Alternative scenario: Above 1.0135 look for further upside with 1.0175 & 1.02 as targets.

Comment: The break below 1.0135 is a negative signal that has opened a path to 1.0045.
 

 



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