empty
 
 
25.09.2012 05:58 PM
AUD/USD Bullish Outlook for September 25, 2012 (Daily Strategy)

The Australian dollar has formed a trend continuation pattern. Examining the daily chart, we can suggest that the upside potential may be up to 1.0650 and above to 1.08. At this moment, it is in a range market, and is likely to be found between 1.0460 and 1.03, we should expect a confirmation only if the pair closes above 1.0460. This is a bullish strategy; we do not recommend entering at current levels because the market has no exact direction, but the technical pattern is at its end and we expect a bullish move higher.

This image is no longer relevant

 If you need a personal consultation, contact me via e-mail: [email protected]

If you like my technical analysis, please vote for me, in the portal MT5.com, please login and then vote for me. Thanks.

InstaForex Analyst,
Analytical expert of InstaForex
© 2007-2026
Summary
Urgency
Analytic
InstaForex Analyst
Start trade
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $10000 more!
    In January we raffle $10000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

Recommended Stories

Can't speak right now?
Ask your question in the chat.
Widget callback