empty
 
 
09.04.2013 07:07 PM
AUD/USD - sell below fractal 1.0523 - for April 09, 2013 (daily strategy)

The Australian dollar is showing its strength. It is ready to test the level of 1.05. Due to the increased demand of this pair and devaluation of the yen, we believe that this upward movement will have its stop at 1.0523 fractal daily, high resistance. Therefore, you can sell at any price below this fractal, stop loss is at 1.0530. We will place it very tight, because the daily closing above this fractal will be the beginning of a new upward sequence of the pair to levels of 1.08. On the other hand, if the pair closes below the bearish channel you can sell below 1.0470 with targets up to the 200 day moving average around 1.0373, U.S. dollars per Australian dollar.

This image is no longer relevant

If you need personal consultation, contact me via e-mail: [email protected]

InstaForex Analyst,
Analytical expert of InstaForex
© 2007-2025
Summary
Urgency
Analytic
InstaForex Analyst
Start trade
通过InstaForex赚取加密货币汇率变动的收益。
下载MetaTrader 4并开启您的第一笔交易。
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $6000 more!
    In December we raffle $6000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

推荐文章

现在无法通话?
提出您的问题,用 在线帮助.
Widget callback