Chinese EspaƱol Thu, 16 Oct 2008
head-search-back
News Calendar Charts Currency Rooms Forum Forex Trading Signals

advertisement

Australian Dollar Technical Outlook

Wednesday, 16 July 2008 12:49:03 GMT

Written by Boris Schlossberg, Senior Currency Strategist

Yesterday we stated that,  “While we do expect a test of 1.00 at some point, we think it wise to exit at the confluence of this fibo extension (.9815) / long time parallel channel line. “ Today’s consolidation near 9750 suggests that for time being the pair has run out of steam

STRATEGY: EXIT

< Prev    Next > [ Back ]