Friday, February 15, 2013

The Negative Data ' Representing ' Aussie

Data Negatif Lemahkan Aussie

Monexnews-home loan approvals data Release Australia showed a negative result since the end of 2010, last-1.5% for the month of December and revised retroactively to-0.7% from-0.3%. While Asian markets closed for public holidays, the Aussie is still moving flat since the closure last week. The exchange rate away from the low level in Aussie 1.0306 and under high current levels in 1.0323. Aussie is currently at 1.0312.

Valeria Bednarik, Chief Analyst of Fxstreet.com notes mention "hourly Graph showing the price under 20 HIGH SCHOOL while moving in the range of indicators midlines." "The 4 hour chart shows a potential bearish Aussie looks at a price under 20 HIGH SCHOOL. Level will be level 1.0260 strong support. Selling below the price pressure that would encourage further weakening, "explains Valeria.

The next support Level at 1.0300, 1.0260 and 1.0220, while resistance level at 1.0370 1.0330, and 1.0410.

(din)



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Title Post: The Negative Data ' Representing ' Aussie
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Author: Mohammad Zulfi Satriawan

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