Easing Concerns over Greece’s Debt Boost the EUR

February 17, 2010 by ForexYard  
Filed under Daily Forex Analysis

AUD/USD:

On the daily chart the moderate bullish price movement continues within the upwards channel which still has yet to be breached. The 4-hour chart is also joining that notion with the Slow Stochastic pointing to the continuation of upwards momentum. The next testing point should be around 0.9090 . Forex traders have a good opportunity to enter what appears to be the beginning of a steady rising trend.

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