Thursday, May 17, 2012

Eur.Aud & Aud.Chf-- Breaking out.

Eur.Aud—the bulls tried to take out the 1.2867 level about 6 times now with no luck thus far. This Pair is currently trying to break through strong support levels and if the bears remain in charge they’ll be after 1.2711 and 1.2650.  Aud.Chf is trying to break through strong resistance levels, roughly around 0.9400. If the bulls succeed they’ll be after 0.9425 and 0.9435.

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