Dienstag, 5. August 2008


Australian Dollar fell below the 200-day moving average and the close below this level, which was first time from August 2007, means a negative signal. But it is necessary to pay attention to the fact that the Cross moves below the 2% envelope that points at excessiveness of movement. Generally long-term perspective seems negative, taking into account bearish trend below the basic moving averages.

RES 4: $0.9556 55-day moving average RES 3: $0.9448/49 10, 100-day moving average RES 2: $0.9323 5-day moving average RES 1: $0.9203 200-day moving average Current quotation: $0.9154 SUP 1: $0.9033 low of 1 Apr. SUP 2: $0.9020 38.2% Fobonacci between $0.7681 and $0.9847 SUP 3: $0.8956 low of 20 MarchSUP 4: $0.8764 50% Fibonacci between $0.7681 and $0.9847




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