AUD/NZD Technical Analysis for the Week of July 18, 2011
AUD/NZD has broken down through the massive support level at 1.28, and looks to move lower as the trend looks to be changing in this pair for the time being. We like selling new lows, and any bounces at this point. We expect the next major support at 1.21 or so, and if that gives – look out below!
Originally posted here
Explore ForexMansion.com to find out about forex brokers who is the best forex broker in the market.
About ForexMansion.com:
As one of the flagship sites of the international Finance Mansion Network, ForexMansion.com is devoted to empowering our readers. We provide technical analyses, fundamental analyses, forex news and more; keeping our readers the best informed in the industry.
More websites from the Finance Mansion Network: www.BestOnlineTradingPlatform.com, www.BuyingForeignCurrency.net, www.CADUSDChart.com and www.CanadianDayTrading.net.
Related Posts
