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AUDUSD






3/10/2015 2:11:12 AM

AUDUSD - Technical Analysis: Tuesday, 10/03/2015 06:11 GMT



The price bearish rebound from the bearish channel’s resistance hints the continuation of the organized trading inside this channel, and the next targets reach 0.7200.

The exponential moving averages 50 and 100 puts negative pressure that supports the decline in the upcoming period, and the price is testing the recently recorded bottom at 0.7625, breaking this level will add more support to the chances of achieving the main waited target.


Target
Risk


Support
Resistance


Trend Bearish

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