Technical analysis AUD/USD 6 February 2013


Consolidation of trading below 1.0390, as noted in the previous comment, opened the way down. Price dropped to a specified earlier goals and is currently testing support at 1.0300. Character of the fall of the pair and appearance  of consensus on the indicators that are now turned down, gains the opinion that reached the local minima are not the last for the observed downward trend. Perhaps the following objectives for the “bears” can be placed at 1.0230/40. This increases the risk of falling prices to support at 1.0150/40, which triggered a return to growth of trading  in the last October.

AUD/USD - 06/02/13


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