Wednesday, February 17, 2016

AUD/USD Chart

Summary : Target Level : 0.6984
Target Period :
2 days

Analysis :
Channel Up identified at 16-Feb-17:00 2016 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 0.698 within the next 2 days.

Supporting Indicators :
Downward sloping Moving Average

Resistance Levels :
( B ) 0.7182Last resistance turning point of Channel Up.

Support Levels
( A ) 0.6984Last support turning point of Channel Up.