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August 6, 2014

AUD/USD Daily forex post August 6, 2014

Posted by: ffs @ 03:18 GMT Category: AUD/USD,Daily Forex,Signals

AUD/USD Technical view

Updated:  August 6, 2014 3:18:41 GMT
SPOT AUD/USD Previous day OHLC
Open High Low Close Change
0.9334 0.9342 0.9290 0.9302 -0.0030
Today's Support and Resistance
Resistance
Support
R3 0.9430
R2 0.9360
R1 0.9330
S1 0.9270
S2 0.9250
S3 0.9130

The Australian dollar capped two successive winning sessions versus the greenback, to settle in the negative on Tuesday. The pair is break below key trendline supports at 0.9250- 0.9270 and head to 0.9100- 0.9130. The upside for now could be capped at 0.9330- 0.9360. Stay away from initiating any trades in the Aussie dollar pair, for the time being

Trend direction

  • Short term: Bearish
  • Medium term: Bearish
  • 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: 9747
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