Forex Forum
Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: pranjali on April 29, 2010, 11:15:56 am
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AUD/USD Testing Channel Resistance After Double ZigZag
4H: I noted a completed double ZigZag in the 4.28.2010 AUD/USD update. The market has continued to rally, but is now testing the a declining channel resistance at 0.9290. A break of this channel, and an RSI break above 60 is a signal for the outlook shown below on the...
http://www.actionforex.com/technical-analysis/daily-forex-technicals/aud%10usd-testing-channel-resistance-after-double-zigzag-20100429112048/