Daily Forex Analysis ? February 17, 2011

AUDUSD Analysis. AUDUSD remains in downtrend from 1.0199, the price action in the trading range between 0.9943 and 1.0073 is treated as consolidation of downtrend. As long as 1.0073 resistance holds, downtrend could be expected to resume and next target would be at 0.9850-0.9900 area. However, a break above 1.0073 resistance will indicate that a [...]

Source: http://blog.forexcycle.com/5920/daily-forex-analysis-february-17-2011/

forex trading signals forex trading software forex trading strategies forex trading strategy forex trading system forex trading systems forex trading tips