AUDNZD update (19.Oct.2011)

AUDNZD ascending channel remains intact. Any correction within 1.275-1.28 are should be used as long entry with stop in 1.26, target 1.32. Also day and lower interval charts are showing the overbuy territory so long entry should be followed with RSI around 50 with tendency on lower intervals (4 and 1 hour) to go higher.