AUD/USD
The
Australian dollar is trying to stabilize after the six days fall. Today
published Business Confidence Index in Australia has reached the maximum
values for the past three months. Such
favorable business conditions were last observed in early 2008.
However,
the excellent macroeconomic incentives were enough only to raise AUD/USD to
0.7938. But the pair quickly moved to the
support area of 0.7910/00. On
the hourly chart we see a downward dynamics, but for a deeper correction we
need a breakthrough of 0.79.
Follow us on our Website, Facebook or Twitter
Real Trade Client Support
E-mail: info@realtrader.org
