Forex Trade Alert for AUD/USD

Australian Dough.

02.06.2010.

The market is stalling. It may be wise to exit this trade. Market is holding below the 0.8733 level. 4xGenie Proceedings: ==> Keep up small position. Price projection of 0.8655 has been reached. Stop at 0.9083. Wave C could drop down to 0.8300. NOTE: This is a very strong bearish sign with the lower pivot band falling lower and with today’s close below the lower pivot band. The CCI is below -100. This currency pair is oversold at this time.

The Aussie dough is headed for a test of primary support against the greenback. Breakout below $0.8733 would signal a primary down-trend while respect would indicate another test of $0.8300. Bearish divergence on Momentum Oscillator (21-day) favors a down-trend.

4xGenie Support Team

Related articles by Zemanta

• Drawbacks Of Relation Might Index (benzinga.com)

Tags: forex avenger, forex investment agents, forex charts linear regression, forex money managers, forex news of australia, forex chart cell phone, forex educational dvd\’s uk forex robots invergy forex forex charts forex http currency exchange forex trading tradingguideonline forex supply and demand cursos de forex inversion en forex mig forex currency trading-course forex trading tradingguideonline forex broker demo mini account metatrader best brokers for the forex markets forex multinivel inversiones learn to trade forex forex curso formacion learn forex learning to trade forex forex system forex trading currency strategies tradingguideonline what is forex rsi forex forums

Post from: Forex Genie Trade AlertsForex Trade Alert for AUD/USDSocial Bookmarking Tweet This Post

Post from: Forex Genie Trade Alerts

Forex Trade Alert for AUD/USD

More: continued here

Tweet This Post

Related posts

• No related posts.