Daily Forex Update: AUD/USD

Daily Research Image20100611dailyfximage.png

AUD/USD   9 hours

Chart date range

01-Jun 01:00 GMT-> 11-Jun 03:00 GMT

Data Interval

30 Minutes


Summary

Target Level

 

0.8194

Target Period

 

9 hours

Stop Level

 

0.8489


Analysis
Channel Up identified at 11-Jun 01:00 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 0.8194 within the next 9 hours.

Supporting Indicators
Downward sloping Moving Average

Resistance Levels

(B)

0.8489

 

Last resistance turning point of Channel Up.


Support Levels

(E)

0.8273

 

Last support turning point of Channel Up.

(A)

0.8194

 

Last support turning point of Channel Up.

(F)

0.8096

 

Last support turning point of Falling Wedge.


  • 11 June |
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