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Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: pranjali on March 19, 2010, 05:09:08 pm

Title: AUD/NZD Eyes 1.32
Post by: pranjali on March 19, 2010, 05:09:08 pm
AUD/NZD Eyes 1.32
         


Daily and 4H: The previous post noted that the AUD/NZD decline was a 2nd leg of a correction and was nearing a full projection at 1.2860. This was to test a 200MA in 4H time-frame, and is the 78.6% Retracement of the latest upswing. The market eventually reached 1.2850 and...
         

http://www.actionforex.com/technical-analysis/daily-forex-technicals/aud%10nzd-eyes-1.32-20100319109291/