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Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: pranjali on February 12, 2010, 11:31:47 am

Title: AUD/USD Sinks Following China News
Post by: pranjali on February 12, 2010, 11:31:47 am
AUD/USD Sinks Following China News
         


Technically speaking, the Aussie still has multiple downtrend lines serving as technical barriers along with 2/11, 1/29, and 1/28 highs. Furthermore, the psychological .89 level could serve as a technical barrier should it be retested. As for the downside, the AUD/USD as multiple uptrend lines serving as technical cushions along...
         

http://www.actionforex.com/technical-analysis/daily-forex-technicals/aud%10usd-sinks-following-china-news-20100212106667/