AUDUSD Technical chart | 30-Nov-2011

Here is the technical chart of AUDUSD with Doda-Donchian indicator.

Doda-Donchian indicator has given buy signal on AUDUSD currency pair at 0.98529 on 28-Nov-2011. The same was confirmed was Doda-Bollinger Bands. It has already given a profit of 161 pips ( at the time of writing the post). But watch the level of 1.0119 here. It has a great resistance here. Once it’s able to cross this level, you’ll surely see immediate bull run of this currency pair.

Major resistance levels: 1.01410, 1.0119, 1.0227