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AUD/USD Sinks Following China News

Discussion in 'Technical Analysis' started by ActionForex.com, Feb 12, 2010.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    Technically speaking, the Aussie still has multiple downtrend lines serving as technical barriers along with 2/11, 1/29, and 1/28 highs. Furthermore, the psychological .89 level could serve as a technical barrier should it be retested. As for the downside, the AUD/USD as multiple uptrend lines serving as technical cushions along...

    complete article here...

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