| Forex Signals 30.07.2007 |
Headlines: Dollar change direction against the Aussie
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Long signal |
Short signal |
| AUD\USD |
Buy at a break of the resistance level 0.8665
Buy at a break of the resistance level 0.8560
Buy at a failure to break the 0.8435 support level
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Sell at a break of the 0.8435 support level
Sell at a break of the 0.8375 support level
Sell at a failure to break the 0.8560 resistance level
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The sharp bullish trend line that started at the 7 of March was cross down and signals a possible change in the trend. The RSI is pointing sharply down.
The MA line of 20 & 10 Days were crossed down as well.
The MACD is after a bearish cross and the MA lines are pointing sharply down.
• The following analysis is for information only; Finotec is not responsible for any
decisions or misinterpretations based on the given text.
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Trends:
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Primary Tendency
The Primary bollish trend seems to be coming to an end
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Secondry Tendency
The secondary trend seems to change into a bearish one
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Minor Tendency
The minor trend is neutral for the moment
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Technical levels:
Resistance:
0.8665
0.8560
Support:
0.8435
0.8375
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