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  4. AUD/USD Signal- June 4, 2012
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AUD/USD Signal- June 4, 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 found support at 0.9630 and now preparing for a retracement. This position is against the current trend so enter with a trailing stop of 20 pips.
Recommendation: Long
Entry: 0.9646
Target Area: 0.9680 and 0.9700
Stop-Loss: 0.9626

AUDUSD Signal 6412

For an update as of 1:00 PM GMT click here

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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