empty
 
 
20.03.2012 05:55 PM
AUD/USD Bullish Outlook for March 20, 2012 (Daily Strategy)

This image is no longer relevant

The AUD / USD pair is located at 1.0476 level i.e. around the first weekly support (W_S1). In the nearest future we expect that the pair will change its direction to downwards and continue the ascending movement towards the point 1.0800. Considering that the pair has broken its downtrend line and has made the corresponding pullback, and, if we look at the chart, the pair has formed a pattern of changed trend. Thus, it confirms our bullish outlook.

Therefore, we recommend Buy-deals at current levels of negotiation, pending an increase in the price of par. Our objective is placed in 1.0650 and our ultimate goal is the 1.0824 level.  The Stop Loss is to be placed under the month's low. 

The MACD indicator is in oversold area showing the bullish signals.

InstaForex Analyst,
Analytical expert of InstaForex
© 2007-2026
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 $1000 more!
    In April we raffle $1000 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