Australian Dollar Technical Outlook

Published February 11th, 2008 - 07:48 GMT
Al Bawaba
Al Bawaba





The short term price action confirms the positive structure of the long term charts as the pair looks to be one of the better performers against the greenback amongst the majors. 9000 now becomes short  term support and traders should trade with a positive bias against that reference point

STRATEGY: Long from .8915, against .8874, target TBD