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Chart Of The Day: AUD/USD

Discussion in 'Technical Analysis' started by ActionForex.com, Apr 21, 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 broken down well below a short-term uptrend support line extending up from March lows. This occurs after price made a false break above the 0.7265 double-tested level, creating what amounts to a third test of resistance in the...

    complete article here...

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