Forex | Forex Strategies | ISE Australian Dollar OUTLOOK (23/06/2009 15:35:49)

ISE Australian Dollar OUTLOOK

AUX (USD/AUD on ISE): USD rebound expected. Pivot : 121.50 Our forecast: Up move towards 130 & 134. Comment: The RSI has broken above its MT declining trend line, the pair is rebounding on its strong support and should post a further up move. Volatility Cones can be used to visualize current option implied volatility relative to historic volatilities at different maturity ranges. Historical volatility measures actual market fluctuations of an underlying asset. Implied volatility is a


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