AUDUSD – Analysis and Forex Trading Signals – 13 May 2014

AUDUSD – Analysis and Forex Trading Signals – 13 May 2014

Analysis:

AUDUSD has been moving in small range above 0.9350 since last Friday. In late Asian trading session, AUDUSD has broken 0.9350 to move lower after China April Retails Sales and Industrial production missed expectation.

AUDUSD currently moving around 0.9335

AUDUSD is expectected to move down further to test next support level 0.9320. Hopefully hold at this level to wait for Australia Budget and US Retails sales when US market open.

AUDUSD is still in bullish trend, 0.9265 is a good zone to wait for buy signals.

Screenshot 2014-05-13 14.08.35

Forex Trading Signals:

Support zone:

-0.9320:

-0.9265:

-0.9200:

Resistant zone:

-0.9348

-0.9400

– 0.94230

-0,94650

Forex Signals 247.

 

 

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