DOLLAR OF THE USA
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Comments Stone and McCarthy 's about prospects AUD/USD

(27.06.2007) Comments Stone and McCarthy 's about prospects AUD/USD

Michael Sakhitello, an analyst from Stone and McCarthy 's, about prospects of pair dollar avstralii / the American dollar:


Para went down below a line of a trend of 20-day ascending movement i priblizhaetsja to the bottom border of channel Bollindzhera of the day schedule. In result, we see today as against break of a course below this line ostsilljator momentum the day schedule falls to area positive znacheny, that assumes development of the descending scenario. The nearest area supports is above the bottom border of channel Bollindzhera okolo of level of $0.8433. Break of the price above level of $0.8433 will reduce on " is not present " aktualnost this down-scenario.
Resistance : $0.8445 5-day sliding average
$0.8433 the closing price on June, 26th
$0.8410 20-day sliding average
Current level : $0.8366
$0.8356 a correctional minimum on June, 14th
$0.8335 a line of support since March, 6th, 40 - day sliding average
Support : $0.8308 the bottom border of channel Bollindzhera

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