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AUDUSD






11/28/2014 1:44:40 AM

AUDUSD - Technical Analysis: Friday, 28/11/2014 06:44 GMT



Strong bearish rebound after failing to hold above the resistance line yesterday, affected by the negative pressure that came from the exponential moving average 50.

The rise at the bears’ power indicator hints a possible negative pressure, but stochastic positivity supports going for some rise.

Potential sideways trading between 0.8470 and 0.8600 until detecting the next destination clearly.


Target
Risk


Support
Resistance


Trend Sideways

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