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Australian Dollar Crosses: Weakness to Continue

Discussion in 'Technical Analysis' started by ActionForex.com, Aug 1, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    AUDCHF: The drop from 1.0823 is either a completed A-B-C decline, is wave A of a triangle, or wave C is still underway from near 1.0140. The rally from .8870 counts well as an impulse, indicating that the longer term trend has turned up. Still, expect weakness below .9658 before...

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