Sunday, June 13, 2010

Rising Aussie (2010-06-13 AUD analysis)



Above is the 4-hour chart for Aussie. We can see that AUD is repeating its movement in late May (red lines) and is testing its resistance again. However, this time Aussie already broke its downtrend channel. It would be more likely to break the resistance this time and surge to next horizontal line, and next resistance would be at 0.8573 and 0.8692.

No comments:

Post a Comment