U.S. Non-Farm Payrolls Week Begins
June 28, 2010 by ForexYard
Filed under Daily Forex Analysis
AUD/NZD:
A breach of the upper Bollinger Band is evident on the 2 hour chart while the RSI for the pair is floating in the overbought territory on the hourly chart, indicating an imminent downward correction. Furthermore a bearish cross is also seen on the hourly and 2 hour charts’ Slow Stochastic. Forex traders may be advised to go short for today.
