Tuesday, October 2, 2012

AUD/USD intraday: key ST resistance at 1.035.

Pivot: 1.35
Our preference: Short positions below 1.035 with targets @ 1.03 & 1.027 in extension.
Alternative scenario: Above 1.035 look for further upside with 1.0405 & 1.043 as targets.
Comment: the break below the support at 1.035 triggered a downward acceleration to 1.

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