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AUD/USD Test .88 Amid Risk Aversion

Discussion in 'Technical Analysis' started by ActionForex.com, Feb 25, 2010.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    Technically speaking, the Aussie has multiple uptrend lines serving as technical cushions along with intraday and 2/12 lows. Speaking of 2/12 lows, investors should eye our 3rd tier uptrend line since it runs through these levels. Hence, a failure of our 3rd tier uptrend line could yield a retest of...

    complete article here...

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