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AUDUSD breaks above 0.8074

Commodity VS Dollar Discuss on the commodity dollars versus the US Dollar: AUDUSD, USDCAD, and USDCAD.

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09-18-08, 10:01 PM

ForexCycle.com ForexCycle.com is offline

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AUDUSD breaks above 0.8074

AUDUSD breaks above 0.8074 and formed a short term cycle bottom at 0.7802 on 4-hour chart. Further rally to test 0.8262 resistance is possible later today. However, the rise from 0.7802 is treated as correction to down trend. Key resistance is located at 0.8353, only break thought this level will signal reversal to down trend.

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Digg - AUDUSD breaks above 0.8074	This thread	Refback	09-23-08 12:23 PM

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