Forex Forum

Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: pranjali on March 18, 2010, 11:02:38 am

Title: AUD/USD Dips with EU Uncertainty
Post by: pranjali on March 18, 2010, 11:02:38 am
AUD/USD Dips with EU Uncertainty
         


Technically speaking, the Aussie multiple downtrend lines serving as technical barriers along with previous March highs. Our 4th tier runs through previous 2010 highs and is our last foreseeable downtrend line. Hence, a breakout beyond our 4th tier could signal more substantial topside movements over the near-term. As for the...
         

http://www.actionforex.com/technical-analysis/daily-forex-technicals/aud%10usd-dips-with-eu-uncertainty-20100318109196/