Buy AUD/ USD – Exit positions cost to cost at 1.0310

Quotes with Resistance & Support

Market Information

Posted on: July 23rd, 2012 at 9:20 am

Technically it has good support at 1.0263. One can neter at cmp: 1.0310 for a target of 1.0340

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Sohan Says:
July 25th, 2012
Posted at: 9:18 am
Hello CB,
Good Morning,
Can I enter this at CMP
Sohan
CB Says:
July 25th, 2012
Posted at: 12:38 pm
Hi Sohan, Good afternoon. yes.
Sohan Says:
July 27th, 2012
Posted at: 2:17 am
Hello CB,
It jumped quite nicely at 10310.
Forex is amazing......
Sohan
CB Says:
July 27th, 2012
Posted at: 2:21 am
Hi Sohan, yes, did do well later.
Sohan Says:
July 28th, 2012
Posted at: 11:00 pm
Hello CB,

Please give your opinion on EUR/USD. Can there be more upside.
Sohan
CB Says:
July 28th, 2012
Posted at: 11:15 pm
Hi Sohan, technically it does look weak. hit a 2 yr low last week. selling pressure is likely to resume on rise.
Sohan Says:
July 28th, 2012
Posted at: 11:28 pm
Hello CB,
Yes, I am reading the weekly charts of this. It gave a bounce from 12040.
Technically does not make too much sense but if you notice, 12040 is middle of weekly candle of june 2010 where this bounce has happened.
Also with the last week statement that Euro will not be split, do you think there would be some kind of relief rally.
Sohan
Sohan Says:
July 28th, 2012
Posted at: 11:31 pm
Hello CB,
I am looking at upside to 12400/12500. Is it possible ?.
Sohan
CB Says:
July 29th, 2012
Posted at: 12:18 am
Hi Sohan, yes.. its likely
Sohan Says:
July 29th, 2012
Posted at: 8:43 pm
Hello CB,
Thanks very very much.
Please post some new call also.
Forex is quite exciting to trade.
Sohan