25th Jan 2011 Daily, AUD part 2


AUD Weekly and daily range

15:30

SPI remains supported in the daily range @ 9938, but the Weekly and monthly levels are trying to push price back down.

if AUD is going to finally push upwards, it needs to get some buying support in the next 4 hours and beging trading above the 50% levels @ 7pm.

only concern at the moment would be from 11pm onwards, and then we would have to think that this week is being pushed back down into the lower Weekly levels.