proacttraders's Commentaries

Aug 17 2010

Aussie can still make it

Ozzie is trying hard to break the .500 fibo.  If it is able to  we are looking for the .618 and R4 area around 0.9084  to 0.9100.  Further upside target is the .786 fibo at 0.9146.  Failure to make the break leaves a downside target of 0.8948 (R2).

AUDUSD-tod.jpg



Tags: audusd | currency-market-updates | currencies
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