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Chart Of The Day: AUD/USD

Discussion in 'Technical Analysis' started by ActionForex.com, Mar 30, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    Price action on AUD/USD, a daily chart of which is shown, has tentatively broken down below both a short-term uptrend support line extending from the 3/10/2009 low, as well as a key horizontal support/resistance level around 0.6850. A daily bar close significantly below this level would be an important bearish...

    complete article here...

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