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Nima Azadi
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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)

    Themes: Aussie, AUD/USD Stocks: FXA
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