Friday, December 14, 2012

AUDUSD -20121214


AUDUSD has found resistance zone 1.06 to 1.0550 area 
Pair had rejected from level 1.06  (12/08/2012's high) & (14/09/2012's high) and now again pair is hovering near same level ( 1.055)and RSI (14) -65  where pair may find resistance 

If Pair fail to break this resistance then it may test strong support zone 1.0150area
breaks  and 
if Pair breaks resistance 1.0630 then it will be upside targeting +400pips


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