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August 5, 2014

AUD/USD Daily forex post- US session August 5, 2014

Posted by: ffs @ 13:19 GMT Category: AUD/USD,Daily Forex,Signals

AUD/USD Technical view

Updated:  August 5, 2014 13:19:45 GMT
SPOT AUD/USD Previous day OHLC
Open High Low Close Change
0.9311 0.9336 0.9302 0.9332 0.0026
Today's Support and Resistance
Resistance
Support
R3 0.9500
R2 0.9440
R1 0.9360
S1 0.9330
S2 0.9260
S3 0.9200

The Australian dollar came off the session highs after testing trendlines at 0.9330 and was last seen heading towards the psychological 0.9300 mark, versus its US counterpart. Supports at 0.9260 are likely to be tested before the pair heads back to 09450- 0.9500

Trend direction

  • Short term: Bearish
  • Medium term: Bullish
  • Long term: Bullish

Trading Recommendations

  • Short:

    • NO TRADING CALLS FOR THE SESSION
    • NO TRADING CALLS FOR THE SESSION
    • NO TRADING CALLS FOR THE SESSION
  • Long:

    • NO TRADING CALLS FOR THE SESSION
    • NO TRADING CALLS FOR THE SESSION
    • NO TRADING CALLS FOR THE SESSION
Post ID: 9735
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