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| | |-+  AUD/USD Avoids Retest of Weekly Lows Despite Dollar Strength
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Author Topic: AUD/USD Avoids Retest of Weekly Lows Despite Dollar Strength  (Read 4386 times)
pranjali
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« on: March 24, 2010, 11:17:07 am »

AUD/USD Avoids Retest of Weekly Lows Despite Dollar Strength
         


Technically speaking, the Aussie has intraday, 3/22, and 3/9 lows serving as technical cushions along with the .91 and .90 levels should they be retested. As for the topside, the Aussie now faces multiple downtrend lines along with 3/23 and 3/17 highs.
         

http://www.actionforex.com/technical-analysis/daily-forex-technicals/aud%10usd-avoids-retest-of-weekly-lows-despite-dollar-strength-20100324109607/
         
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