Tuesday, October 03, 2006

AUD/USD 0.7445
Technically High Bottom at .7433




This pair made the strong bottom at 0.7433-0.7435 and that three times with longer wicks on 8 hours charts. Now its trying to resist at 0.7500 the key to this pair. 8 hours RSI is still trading in the oversold region. Above 0.7500 it'll try to kiss the 0.7550 level.