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Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: pranjali on March 24, 2010, 11:17:07 am

Title: AUD/USD Avoids Retest of Weekly Lows Despite Dollar Strength
Post by: pranjali on March 24, 2010, 11:17:07 am
AUD/USD Avoids Retest of Weekly Lows Despite Dollar Strength
         


Technically speaking, the Aussie has intraday, 3/22, and 3/9 lows serving as technical cushions along with the .91 and .90 levels should they be retested. As for the topside, the Aussie now faces multiple downtrend lines along with 3/23 and 3/17 highs.
         

http://www.actionforex.com/technical-analysis/daily-forex-technicals/aud%10usd-avoids-retest-of-weekly-lows-despite-dollar-strength-20100324109607/