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FX Thoughts for the Day

Discussion in 'Technical Analysis' started by ActionForex.com, Nov 21, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

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    AUD-USD @ 0.6217/19...Long term range of 0.60-0.70. Aussie has risen sharply taking Support of the 8-SMA on the hourly chart during the Asian and European session and now has started to come off the highs of the day. Overall Aussie would consolidate between 0.60 to 0.70 in the longer term....

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