Thursday, April 23, 2009

Australian dollar was trying to resume growth

Australian dollar over the past few days has stabilized a bit, and now demonstrates the desire to restore the losses incurred earlier, but dealers pay attention to the fact that attempts to develop the correction has continued to attract sellers, and remain limited. Interest in the sale occurs in the area of $ 0.7090 and $ 0.7110, not far from where the line passes a short-term resistance, and break above could support the revitalization of bulls, but dealers warned that the larger Ofer remain in the area of $ 0.7130/40. Small bidy, meanwhile, is now seen around $ 0.7050, while a further series of warrants to purchase recorded in the $ 0.7030/20, and the loss of support in this area would signal a risk of traffic initially to $ 0.7000, while in general it will be possible to rely on back to $ 0.6980 and $ 0.6950.

No comments: