Tuesday, April 12, 2011

AUD/USD Considering

"BHP Billiton is considering buying shares of Royal Shell Petroleum worth $ 46 billion. "Reports of BHP is positive for the Aussie," Barclays Capital economist David Forrester. "Nevertheless, we remain cautious about the agreement, BHP Billiton, Woodside; is also required approval from authorities in Australia.". These currency pairs tend to seek support at level 1.0457 and resistance at level 1.0555.

Today is Tuesday, 12 - 04-2011 Price AUD/USD opened at level 1.0498

Resistance 3: 1.0653
Resistance 2: 1.0617
Resistance 1: 1.0555

Pivot Point: 1.0519

Support 1: 1.0457
Support 2: 1.0421
Support 3: 1.0359

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