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FX.co ★ The market manipulations analysis of the AUD/USD by Alexey Portnov for February 16, 2011

The market manipulations analysis of the AUD/USD by Alexey Portnov for February 16, 2011

The aussie has declined to the forecasted targets. During the Asian session the price advanced a little amid a positive report of BHP Biliton Company. I suppose two ways of further development: either the prices continue to decline from the opening of the European session or after testing the supply zone near 1.0030-50.

Trading recommendations:
- No trading recommended

The market manipulations analysis of the AUD/USD by Alexey Portnov for February 16, 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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