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  4. AUD/USD Signal - June 12, 2012
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AUD/USD Signal - June 12, 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.

By: DailyForex.com

Currency: AUD/USD
Trend Expected Direction: Down
Method: Ichimoku, Technical Analysis
Description: AUD/USD found support at 0.9850 and now preparing for a retracement. This position is against the current trend so when the pair reaches 0.9920, move stop-loss to entry level.
Recommendation: Long
Entry: 0.9887
Target Area: 0.9935 and 0.9970
Stop-Loss: 0.9865

AUD/USD Signal - June 12, 2012

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.

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