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» » Trading Central USD/JPY, AUD/USD 12/10/2011

Trading Central USD/JPY, AUD/USD 12/10/2011

Wednesday, October 12, 2011

12.10.2011 09:33 GMT+1 - USD/JPY intraday: the downside prevails.

Pivot: 76.9
Our preference: Short positions below 76.9 with targets @ 76.5 & 76.3 in extension.
Alternative scenario: Above 76.9 look for further upside with 77.1 & 77.2 as targets.
Comment: the pair remains under pressure and is approaching its support.


12.10.2011 09:33 GMT+1 - AUD/USD intraday: the bias remains bullish.

Pivot: 0.988
Our preference: Long positions above 0.988 with targets @ 1.001 & 1.005 in extension.
Alternative scenario: Below 0.988 look for further downside with 0.9805 & 0.978 as targets.
Comment: the RSI has just broken above a declining trend line.

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