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August 12, 2014

AUD/USD Daily forex post August 12, 2014

Posted by: ffs @ 03:25 GMT Category: AUD/USD,Daily Forex,Signals

AUD/USD Technical view

Updated:  August 12, 2014 3:25:41 GMT
SPOT AUD/USD Previous day OHLC
Open High Low Close Change
0.9272 0.9286 0.9254 0.9261 -0.0016
Today's Support and Resistance
Resistance
Support
R3 0.9360
R2 0.9310
R1 0.9270
S1 0.9250
S2 0.9200
S3 0.9140

The Australian dollar inched lower versus the greenback, holding near key trendline supports at 0.9250. Close below and the declines should extend to medium term trendline supports at 0.9150. On the upside, gains are likely to be capped at 0.9310- 0.9330. However, a close above and the Aussie will continue its ascent to 0.9400- 0.9450

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: 9815
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