Trade Alerts, Trend Reports and Opinions by FX Options
Australian Dollar: turning down.
March 18, 2010 at 7:49 am • Posted in Daily Trend Report
Australian Dollar
| Pivot: 116.5 |
| Our Scenario: Short positions below 116.5 with targets @ 106 & 102 in extension. |
| Alternative Scenario: Above 116.5 look for further upside with 122.5 & 127.5 as targets. |
| Comment: the RSI broke below a bullish trend line. |
| Option Strategy |
| Option ST |
-1 |
| Delta ST |
0 |
| opinion MT |
0 |
| Delta MT |
0 |
| Chart Levels |
| Resistance1 |
116.5 |
| Resistance2 |
122.5 |
| Resistance3 |
127.5 |
| Support1 |
106 |
| Support2 |
102 |
| Support3 |
94 |
