AUDUSD Apr 04 to Apr 08 Outlook

By News Robot

Lawrence’s Comment

Range bounded trading as expected and Y-0 support is not even challenged. Closed the week at 50% absolute expansion.

B-0 to B+1 zone is a significant resistance area. Any break below that will signal the potential of a more significant pullback. Looking for topping formation for a move towards B-1 and B-2.


  • moneymonkey April 7, 2011 at 10:39 am

    AUD break resistance 1.0400 level

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