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AUD/USD Daily Outlook

Discussion in 'Forex Daily News & Outlook' started by ActionForex.com, May 5, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

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    AUD/USD recovers strongly today and is back above 0.94 level. Nevertheless, there is no confirmation of completion of consolidation from 0.9541 yet. Focus is on the inner falling trend line (now at 0.9411) and break will be the first alert that such consolidation has finished. ABove 0.9472 will add more...

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