miércoles, 2 de junio de 2010

AUD / USD: Australian dollar, another opportunity for those who want to enter


Without a doubt, is one of the references to follow.

Technical Status:

In fact it was an element that was shading the slip yesterday equity market and brand new intra-day annual minimum in the euro / dollar because of its unquestionable influence on the overall tone of equities. The correction, far from deepening, the Australian dollar has remained in the area bounded by the old key resistance of 0.84 level that would have become an important medium not only for the currency pair in question but to the situation in context global market. The fall yesterday despite going a little below the said medium, fits perfectly into what the experts called pullback or move back to old key area.

Strategic review:

Are likely to follow a lateral movement with a probability of creation of a flag.

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