USD/AUD Index: Caution.

New York London GMT Tokyo Singapore

By Trading Central on March 17, 2009 | More Posts By Trading Central | Author's Website

Update on supports and resistances.

Resistance3:	185
Resistance2:	166.5
Resistance1:	159
Last:	152
Pivot:	148.5
Support1:	148.5
Support2:	137.6
Support3:	133.65

Pivot: 148.5

Our preference: Long positions above 148.5 with targets @ 159 & 166.5 in extension.

Alternative scenario: Below 148.5 look for further downside with 137.6 & 133.65 as targets.

Comments: the pair is challenging a key support area, caution.

185
166.5
159
152 (last)
148.5
137.6
133.65

*USD/AUD Index: the ISE Exchange measures the strength and weakness of the US DOLLAR versus the AUSTRALIAN DOLLAR. For details go to www.ise.com

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