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Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: pranjali on February 09, 2010, 11:04:58 am

Title: AUD/USD Climbs with Risk Trade
Post by: pranjali on February 09, 2010, 11:04:58 am
AUD/USD Climbs with Risk Trade
         


Technically speaking, the AUD/USD has multiple downtrend lines serving as technical barriers along with intraday and 2/4 highs. As for the downside, the AUD/USD has multiple uptrend lines serving as technical cushions along with intraday and 2/5 lows. Furthermore, the psychological .85 area could serve as a technical cushion should...
         

http://www.actionforex.com/technical-analysis/daily-forex-technicals/aud%10usd-climbs-with-risk-trade-20100209106383/