Thursday, January 28, 2016

Forex - Chart AUD/USD Update: Still stretching recovery

28 Jan AUD/USD Daily

Consolidating below the .7082 high which stands just below strong resistance at .7097, Dec low. Would need break of the latter to further extend bounce from the .6919 low towards the .7200 level. Support now at the .7000 level and .6957. Only below the latter will see return to the .6919 support and .6900 level. [PL]

R5:: .7215 * 5 Jan high R4: .7156 4 Jan low
R3: .7132 5 Jan low
R2: .7097 * Dec low, break
R1: .7082 27 Jan high

S1: .7000 figure
S2: .6957 19 Jan high
S3: .6919 * 26 Jan high
S4: .6876 21 Jan low
S5: .6827 * 15 Jan low

Forex - Chart AUD/USD Update: Still stretching recovery Rating: 4.5 Posted by: Unknown

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