Thursday, December 17, 2015

AUD/USD chart

Summary : Target Level : 0.7161
Target Period :
2 days

Analysis :
Rectangle identified at 17-Dec-01:00 2015 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 0.716 within the next 2 days.

Supporting Indicators :
Downward sloping Moving Average

Resistance Levels :
( B ) 0.728Last resistance turning point of Rectangle.

Support Levels
( A ) 0.7161Last support turning point of Rectangle.