Technical analysis of the AUD/USD parity on July 7th, 2010

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#1 07-07-2010 13:58:17

Bruno: Administrateur; Registered: 07-12-2008; Posts: 4541; Reputation : 0

Technical analysis of the AUD/USD parity on July 7th, 2010

Commentary of the AUD/USD parity:

The parity fake a break out of 0.85 to reach a highest at 0.8550. The pullback for a pursuit of the bearish movement will be validated by a break out of 0.8450. Indicators are globaly bullish but we advise to trade only short positions as far as the price is below 0.8550.

http://www.tribuforex.fr/analyses/FOREX/audusd-07072010.png

See the previous analysis of the AUD/USD parity of July 6th, 2010

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» Follow up of Tribuforex analysis

» Technical analysis of the AUD/USD parity on July 7th, 2010

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