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| | |-+  AUD/USD: Pattern Breakout Offers Valuable Lessons
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Author Topic: AUD/USD: Pattern Breakout Offers Valuable Lessons  (Read 4684 times)
pranjali
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« on: April 06, 2010, 06:01:08 pm »

AUD/USD: Pattern Breakout Offers Valuable Lessons
         


The AUD/USD formed an ascending triangle yesterday, and looked ready to breakout yesterday as the rising support converges with the flat resistance. Anticipation was for the break above. The market is now heading towards 94.00. This triangle breakout however came with some lessons in patience, and is an example of...
         

http://www.actionforex.com/technical-analysis/daily-forex-technicals/aud%10usd%3a-pattern-breakout-offers-valuable-lessons-20100406110367/
         
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