FX.co ★ AUD/USD Bearish Outlook, April 15, 2011 (Daily Strategy)

AUD/USD

The Australian dollar is the only currency between the major foreign exchange is now in its historic peak above the peaks of the time before the explosion of the crisis in 2008.

The technical picture 4 hours, the Australian dollar has formed a figure technique called triangle, which is already breaking down or up would confirm the great potential it brings

Only a bearish breakdown of the figure of the triangle will serve as a trigger to take a short position, with an ultimate goal 10180 U.S. dollars per Australian dollar.