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  1. DF
  2. Technical Analysis
  3. AUD/USD Signal- May 30, 2012
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AUD/USD Signal- May 30, 2012

By Alp Kocak
Alp Kocak
By Alp Kocak
Alp Kocak has been trading Forex since 2003. He writes technical analysis based on Japanese candlesticks and Ichimoku Kinko Hyo.

Currency: AUD/USD
Trend Expected Direction: DOWN
Method: Ichimoku, Technical Analysis
Description: AUD/USD failed to break 0.9850 resistance and turned south again. Price is back below kumo. H4 chart suggests that the price may head to support level at 0.9750 and then 0.9700.
Recommendation: Short
Target Area: 0.9725
Stop-Loss: 0.9810

AUDUSD Signal 53012

Alp Kocak
About Alp Kocak
Alp Kocak has been trading Forex since 2003. He writes technical analysis based on Japanese candlesticks and Ichimoku Kinko Hyo.
 

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