AUDUSD Analysis. AUDUSD stays in a trading range between 1.0389 and 1.0581. As long as 1.0389 key support holds, the price action in the trading range is treated as consolidation of uptrend from 0.9704, another rise towards 1.1000 is still possible, however a break above 1.0581 is needed to confirm the resumption of uptrend. On [...]
Source: http://blog.forexcycle.com/6217/daily-forex-analysis-april-15-2011/
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