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AUDUSD: Triggers Corrective Upside

Discussion in 'Technical Analysis' started by ActionForex.com, Dec 28, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
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    Although the pair retains its broader declines activated from the 0.9404 level, it now faces corrective upside risk towards the 0.8904 level, its Nov 01’09 lows. This is coming on the back of a halt in price at the 0.8733 level the past week following its higher weekly close and...

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