Trade Alerts, Trend Reports and Opinions by FX Options
Australian Dollar: the downside prevails.
April 8, 2010 at 7:45 am • Posted in Daily Trend Report
Australian Dollar
| Pivot: 115 |
| Our Scenario: Short positions below 115 with targets @ 106 & 102 in extension. |
| Alternative Scenario: Above 115 look for further upside with 122.5 & 127.5 as targets. |
| Comment: the RSI is mixed with a bearish bias. |
| Option Strategy |
| Option ST |
-1 |
| Delta ST |
0 |
| opinion MT |
0 |
| Delta MT |
0 |
| Chart Levels |
| Resistance1 |
115 |
| Resistance2 |
122.5 |
| Resistance3 |
127.5 |
| Support1 |
106 |
| Support2 |
102 |
| Support3 |
94 |
