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Thursday, February 2, 2012

EUR/AUD 02.02.2012


/ On : 12:44 PM
The EUR / AUD has just approved a break of 1.23 with a new sell signal.
The course is still in its long-term downward slant (purple line on the graph).
All indicators are bearish about.
We continue to advise treat only short positions that the course will be located below 1.24.
Maintaining the course of 1.23 will strengthen our bearish sentiment on parity.
1.22 A break will then offer a new sell signal for a prolonged downward trend to 1.21.
In case of return of the course above 1.24 so we'll wait for a break up of 1.25 to advise to go / not to process more than the long positions on sex.




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