AUD/USD Survey according to the Point and Figure Charting for March 13, 2012

Having overcome the resistance level 1.052, the pair provided a strong signal for Sell-deals opening the way to the point 1.046.

Presently we can observe the ascending movement of the pair within the correction. The point 1.066 is considered as a resistance level. In case it has been overcome, the signal for Sell-deals will be cancelled.

The main target for traders is seen at the support level 1.044.

Today it is recommended to sell the pair.