Dienstag, 29. April 2008

Technical Analysis AUDUSD


The Australian dollar slipped down under the 21-day moving average for the first time since early April. It is necessary to closing below that level ($ 0.9410) to neutralize bull tone. Ascending trend continues to dominate, thanks to the trend line of this year at a minimum level of $ 0.9240.

RES 4: $ 0.9578 2% envelope of moving average
RES 3: $ 0.9541 maximum of 23 April
RES 2: $ 0.9484 1% envelope of moving average
RES 1: $ 0.9382/90 5- and 10-day moving averages

[B]14:22 (UTC) price: $ 0.9294 [/B]

SUP 1: $ 0.9294/97 Minimum of April, 25, 1% envelope of moving average
SUP 2: $ 0.9256 55-day moving average
SUP 3: $ 0.9240 ascending trend from the January minimum
SUP 4: $ 0.9208 minimum of 14 April