Australian break-in a support of channel; Kiwi breaks a bottom of joint (daily FX) | Forex Analytics Blog
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Australian break-in a support of channel; Kiwi breaks a bottom of joint (daily FX)

The AUDUSD has broken below 5th wave channel support, which has bearish implications. The NZDUSD decline below .7080 last week brings an end to the string of lower highs since March.

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This entry was posted on Tuesday, December 1st, 2009 at 10:12 am and is filed under Forex News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.


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