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August 11, 2014

AUD/USD Daily forex post- US session August 11, 2014

Posted by: ffs @ 13:27 GMT Category: AUD/USD,Daily Forex,Signals

AUD/USD Technical view

Updated:  August 11, 2014 13:27:04 GMT
SPOT AUD/USD Previous day OHLC
Open High Low Close Change
0.9270 0.9286 0.9236 0.9277 0.0007
Today's Support and Resistance
Resistance
Support
R3 0.9420
R2 0.9360
R1 0.9310
S1 0.9240
S2 0.9200
S3 0.9140

The Australian dollar is edging lower versus the greenback on Monday, oscillating between key supports at 0.9240- 0.9250 and resistances at 0.9310- 0.9330. Near term view bearish with supports likely to be taken out in a day or two. However, a close above the resistances will see the pair head to 0.9400- 09450

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: 9803
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