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AUDUSD pulled back from 0.7237

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

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10-16-08, 09:04 PM

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AUDUSD pulled back from 0.7237

After breaking above 0.7133 resistance, AUDUSD pulled back from 0.7237 and reached 0.6495 level. One more rise above 0.7237 previous high to reach next short term cycle top is still in favor. Initial support is now located at 0.6495, only fall below this level will signal resumption of down trend, and then deeper decline could be seen to 0.6000 zone.

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Digg - AUDUSD pulled back from 0.7237	This thread	Refback	10-20-08 11:41 AM

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