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FX.co ★ The market manipulations analysis of the AUD/USD by Alexey Portnov for 07.02.2011

The market manipulations analysis of the AUD/USD by Alexey Portnov for 07.02.2011

The price formed the third day peak and started to decline to the first support levels. At the moment the price is consolidating above the 1.0120 that serves a good support against falling. Until the price passes this level, I expect consolidation in the range between 1.0120 – 1.0180.

Trading recommendations:
No trading recommended.

The market manipulations analysis of the AUD/USD by Alexey Portnov for 07.02.2011

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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