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Chart Of The Day: AUD/USD

Discussion in 'Technical Analysis' started by ActionForex.com, Jan 28, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    The AUD/USD daily chart, as shown, is currently displaying some short-term bullish characteristics after having languished in a prolonged horizontal consolidation near the five-year lows for the last several months. After having broken out above a large triangle (in magenta) towards the end of 2008, price subsequently broke out above...

    complete article here...

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