FX.co ★ AUD/USD Technical Analysis for February 27, 2013

DESCRIPTION:

This currency still continue its bearish movement. After the pair broke bellow the 1.0225 yesterday, the AUD/USD now continues its downside movemet to reach new target at 1.0025 as long it does not touch the 1.0325.

Recommendation:

SELL Stop (Pending Order) @ 1.0199.

Take Profit @ 1.0185.

Stop Loss @ 1.0209.

Best regards,

Arief Makmur

Official Analyst of InstaForex Companies Group

InstaForex Companies Group

https://instaforex.com

Email : Arief.jakarta@indo.instaforex.com

Blog : blog.mt5.com/arief

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