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AUDUSD Point and Figure Chart

2012-09-24 12:16:16 (читать в оригинале)

 

AUD/USD on 303 Chart:
On 303 chart we can see an ascending movement towards the main trend.
Bulls are targeting 1.061 level, overcoming of which will give a strong buy signal and enable the way towards resistance level of 1.07.
We recommend look for buy signals.

 

AUD/USD on 203 Chart:
On 203 chart the pair broke through 1.048 level and gave buy signal and opened the way towards 1.062 level.
We can observe pair’s consolidation near the area of 1.038.
If bears manage to overcome 1.038, we will get an extra signal for buying in line with the trend.

 

 

AUD/USD on 103 Chart:
On 103 chart the main tendency has changed towards the uptrend.
We recommend to buy the pair after the resistance level 0f 1.049 is breached or after the support level of 1.037 is broken through.

 

The material has been provided by Instaforex Company - instaforex.com