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Australian Dollar Crosses Pulling Back

Discussion in 'Technical Analysis' started by ActionForex.com, Jun 27, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    AUDNZD: Longer term, the pair is headed for a test and likely a break of the 2000 high of 1.3506. A consolidation/pullback should be underway now that could potentially reach the May low at 1.2141. We'll reiterate what we've mentioned in recent weeks though; shorting is dangerous because there is...

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