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AUD USD needs positive motive 07/03/2013
The pair returns to be trading inside the falling wedge, and couldn’t managed to achieve a daily close above its resistance, which makes us need witnessing new breach to confirm the continuation of the bullish trend.
In general, we depend on the stability above the main bullish trend’s support to continue in preferring the upside track, and the targets start at 1.0345 followed by 1.0450.
Expected trading range for today is between: 1.0160 support and 1.0450 resistance.
Expected trend for today: Bullish
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Crude Oil returns inside the wedge 07/03/2013
Crude oil declined sharply yesterday, and made an attempt to break below 90.20 and 90.00, but on the other hand, the price gets now a group of positive factors, and the most important is:
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