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AUD/USD : Critical Point 0.9951

Hong Kong Qindex 07:57 GMT January 9, 2011
AUD/USD : Critical Point 0.9951 : Reply
AUDUSD
Entry: Target: Stop:

AUD/USD : Critical Point 0.9951

As shown in the monthly cycle directional indicator the market is under pressure when it is below the weekly cycle pivot center at 0.9951. Last week the market hit a low and a high at 0.9909 and 1.0223 and it closed at 0.9964 in the last New York session.

AUD/USD : Monthly Cycle Charts
http://www.qindex.com/aud.html