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Chart Of The Day: AUD/USD

Discussion in 'Technical Analysis' started by ActionForex.com, May 3, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    A very long-term, gradual uptrend in the AUD/USD daily chart, as shown, has currently culminated in a well-formed rising wedge consolidation (as represented on the chart by the two converging green lines). The two wedge borders have been touched by price action at least four times on each side, which...

    complete article here...

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