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AUDUSD bullish forecast march 2014

Long
FX:AUDUSD   Australian Dollar / U.S. Dollar
3
Target Level 0.94
Target Period 30 days
Stop Level 0.88905

Analysis
Inverse Head and Shoulders has broken through the resistance line at 06-Mar-12:00 GMT-5. Possible bullish price movement forecast for the next 30 days towards 0.94.

Supporting Indicators
Upward sloping Moving Average

Resistance Levels
(B) 0.90815 Last resistance turning point of Inverse Head and Shoulders.

Support Levels
(A) 0.88905 Last support turning point of Inverse Head and Shoulders.


Chart date range 01-Jan-12:00 GMT-5-> 10-Mar-00:00 GMT-5
Data interval 4 hour
RSI
MA

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