proacttraders's Commentaries

Mar 19 2010

Ozzie looks to want to go to parity

Even though we have had multiple technical reasons to go down, the Ozzie ( AUDUSD) is still keeping it's head up. Looks like they really want it to go up to parity. If we do break the resistance at .9180 look for 0.9050 area in the next few days. Most likely we will get a bounce at that trendline and start moving to the upper targets. Squaring day so stay loose.
AUDUSD.jpg



Tags: audusd | currency-market-updates | currencies
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