FX.co ★ The market manipulations analysis of the AUD/USD by Alexey Portnov for February 17, 2011 Alexey Portnov

The aussie followed the second way on the graph - advance and testing of the supply zone. Market conjuncture has changed and now we see prevailing demand on the market. I cannot give any forecasts of advance until the supply zone is overcome. For a start I'm expecting a test of support levels for demand, if any, in this case we most probably see further advance in all aspects.

Trading recommendations:

-buy when the supply zone is passed