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Wednesday, February 8, 2012

AUD/USD 08.02.2012


/ On : 12:40 PM
The AUD / USD has just approved an upward break of 1.08 with a new buy signal.
The price is always above the line in support of its rising wedge, and above its longupward slope (blue line on the graph).
If the plots ** not seem to understandplease consult the previous analysis of parity.
All indicators are bullish.
We maintain to trade only long positions that the course will be located above 1.07.
An extension of the course above 1.08 will strengthen our bullishness on parity.
A break of 1.09 will be up a new buy signal for a prolonged bullish.
When returning the course to 1.07then we will wait for a break from 1.06 to adviseincoming / not treat more short positions in parity.


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