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Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: pranjali on April 26, 2010, 11:09:55 am

Title: AUDUSD: A Return Above The 0.9404 Level On The Cards
Post by: pranjali on April 26, 2010, 11:09:55 am
AUDUSD: A Return Above The 0.9404 Level On The Cards
         


Having printed two rejection candles to reverse and close higher last week, its immediate risk remains higher for a recapture of its 2010 high at 0.9387 and eventually its 2009 high at 0.9404. AUDUSDÂ’s medium-term rising trendline now at 0.9126 adds further evidence to its upside case. The pair will...
         

http://www.actionforex.com/technical-analysis/daily-forex-technicals/audusd%3a-a-return-above-the-0.9404-level-on-the-cards-20100426111759/