EUR/USD, AUD/USD bear signals

New psar bear signals are showing today on two currency pairs.

I mentioned the EUR/USD signal in the Morningline.  The other pair is AUD/USD.

The euro-dollar pair has been trending sideways since February. Today's move still leaves above the low point for that period. The reversal levels are quite congested on the downside.


You are here:

• Reversals
• $1.4024, +3.8%
• $1.3817, +2.3%
• $1.3796, +2.1%
• Now $1.3513
• Reversals
• $1.3450, -0.5%
• $1.3433, -0.6%
• $1.2980, -3.9%

Although the psar signal is confirmed by other technicals, the adx is at a levell that's prone to whipsaws .

	trend	adx	psar	pps	macd	sto
EUR/USD $1.3513

The Australian dollar-U.S. dollar pairhas been trending mainly upward since early February, so the current reversal could be a big deal, although the today's declne puts the low above the lows set three and four days ago.

You are here:

• Reversal
• $0.9329, +2.1%
• $0.9251, _1.3%
• Now $0.9136
• Reversal
• 0.9095, -0.5%
• 0.8978, -1.7%
• 0.8800, -3.7%
• 0.8577, -6.1%

	trend	adx	psar	pps	macd	sto
AUD/USD