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Forex Technical Analysis

ascendmarkets1001

By ascendmarkets1001
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ascendmarkets1001 Newbie

ascendmarkets1001

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AUD/USD:There is bearish potential for a fall to 0.9285 while 0.9314 - 0.9324 resist. After this fall a recovery up to 0.9324 or 0.9334 is expected.

 

USD/JPY:Any possible decline should be supported around 102.40 - 102.20 zone for rally to above 103.12. A clear break of 101.94 will damage this expected rally.

 

 

XAU/USD It may attempt a test higher to 1291.43 - 1294.36 after which weakness may set it to a drift down to 1282.92 limit.

 

169_20140806065037.gif

Edited by FloridaTrader
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