Nima Azadi's  Instablog

Nima Azadi
Send Message
Nima Azadi has been engaging in financial markets for over 10 years. His experiences vary from investing and trading in the Tehran Stock Exchange (TSE) and Foreign Exchange Markets to mentoring and consulting on the technical aspects of financial analysis. He is frequently quoted in the Iranian... More
My book:
Duel with the Trend
  • AUD/USD Technical Outlook - 3 (Long Term) 0 comments
    Sep 16, 2013 6:53 AM | about stocks: FXA

    In the weekly chart, it is observed that the pair is in the lower band of the channel and this fact implies that for the intermediate term, the bulls will have the upper hand.

    The target for this likely rally is 1.0227 and as long as Aussie holds above the 0.88 support, the bullish scenario remains in force.

    (click to enlarge)

    Stocks: FXA
Back To Nima Azadi's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers

Latest Comments

Most Commented
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.