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AUD/USD Climbs with Risk Trade

Discussion in 'Technical Analysis' started by ActionForex.com, Feb 9, 2010.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
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    Technically speaking, the AUD/USD has multiple downtrend lines serving as technical barriers along with intraday and 2/4 highs. As for the downside, the AUD/USD has multiple uptrend lines serving as technical cushions along with intraday and 2/5 lows. Furthermore, the psychological .85 area could serve as a technical cushion should...

    complete article here...

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