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Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: pranjali on February 25, 2010, 11:06:27 am

Title: AUD/USD Test .88 Amid Risk Aversion
Post by: pranjali on February 25, 2010, 11:06:27 am
AUD/USD Test .88 Amid Risk Aversion
         


Technically speaking, the Aussie has multiple uptrend lines serving as technical cushions along with intraday and 2/12 lows. Speaking of 2/12 lows, investors should eye our 3rd tier uptrend line since it runs through these levels. Hence, a failure of our 3rd tier uptrend line could yield a retest of...
         

http://www.actionforex.com/technical-analysis/daily-forex-technicals/aud%10usd-test-.88-amid-risk-aversion-20100225107568/