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August 8, 2014

AUD/USD Daily forex post August 8, 2014

Posted by: ffs @ 03:54 GMT Category: AUD/USD,Daily Forex,Signals

AUD/USD Technical view

Updated:  August 8, 2014 3:54:33 GMT
SPOT AUD/USD Previous day OHLC
Open High Low Close Change
0.9352 0.9357 0.9256 0.9270 -0.0083
Today's Support and Resistance
Resistance
Support
R3 0.9360
R2 0.9330
R1 0.9300
S1 0.9270
S2 0.9250
S3 0.9200

The Australian dollar settled near key trendline supports at 0.9250, versus the greenback. Close below and the losses should widen to the 0.9100- 0.9130 levels, where they are likely to be capped. On the upside, the Aussie should face stiff resistances at 0.9300- 0.9360

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: 9779
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