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AUD/USD clears a technical hurdle as declines continue

Discussion in 'Technical Analysis' started by ForexLive, Jan 4, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    Markets in an angry mood to start the year AUD/USD made a slow move higher in the quiet period from Dec 16 through the start of the year. That gentle move has had a massive unwind in the past few hours as the market curls up in the fetal position and whimpers softly after China fell 7%.

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