1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

Chart Of The Day: AUD/USD

Discussion in 'Technical Analysis' started by ActionForex.com, Sep 24, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    Price action on the AUD/USD daily chart, as shown, has formed a pennant consolidation pattern that has followed immediately on the heels of a key downtrend resistance line breakout last week. The current pennant formation on the daily chart is represented on the chart by the magenta lines. In the...

    complete article here...

Share This Page