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Chart Of The Day: AUD/USD

Discussion in 'Technical Analysis' started by ActionForex.com, Sep 5, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    From a longer-term perspective on the AUD/USD daily chart, as shown, we can see that as of Friday morning in New York, price has closely approached and tentatively retreated from a very significant support/resistance level around the 0.8000 region (as represented on the chart by the yellow horizontal line). This...

    complete article here...

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