Colosseum a.s. (Colosseum a.s.)
Commodities  |  July 31, 2012 09:06:28

Forex trader eyes - 31/07/2012


USDJPY currency pair (M30), we estimated the upward yesterday hovering in place and looking to rise. The EURUSD and GBPUSD pairs (both M30 and H1) are now rises formation flipping the original - head and shoulders. AUDUSD currency pair (H4) today went all the way to a strong level of resistance in a wide trading channel. It is likely that the price of the issue today AUDUSD pair down.

AUDUSD chart, H4

Source: Colosseum

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