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Australian Dollar Technical Analysis, Support and Resistance

Posted by Joseph Trevisani on May 13, 2013 12:18:00 PM




1.0145/50   Strong offers, light stops
1.0120       Medium offers
1.0085       Strong offers (1.0090 - 5-day moving average)
1.0070/80  Medium offers
1.0050       Medium offers
1.0015/20  Medium offers (1.0018 - Asia high)
1.0008       European high

0.9978       Market bid  0.9954 12:28 ET

0.9953     Euro low
0.9950     Sovereign demand on approach, barrier, stops
0.9930     38.2% of $0.8066-1.1080 2010 low/2011 high
0.9925/20 Strong demand ($0.9922 - 14 Jun 12 low)
0.9900     Demand on approach, barrier, stops
0.9885     23.6% of $0.8066-1.1080
0.9866 -  12 June 2012 low

 

Market News International & WorldWideMarkets

Chart: Bloomberg

ScreenHunter 1147 May. 13 12.27

 

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