$AUDUSD– To bounce or not to bounce?
The pair is currently @1.0473 and testing the 0.382 Fibo and support @ 1.0447. We expect the pair to bounce here back to the R5 @ 1.0554 and then 1.0605. Still risk to the downside to the .500 Fibo @ 1.0396. Looking for the pair to decide. The pair currently has an ATR of 61 Pips.
Comment
© 2013 Created by FXstreet.
You need to be a member of FXstreet.com Forex Social Network to add comments!
Join FXstreet.com Forex Social Network