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AUD/USD: Have We Seen A Long-Term Bottom Near .7000?

Discussion in 'Technical Analysis' started by Kaitlin, Mar 22, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
    Likes Received:
    With markets essentially trapped in near-term stasis as traders wait for higher impact data, it's a good time to take a step back and look at the longer-term technical picture on AUD/USD. For more than a year, from mid-2014 to mid-2015, the Aussie consistently lost value against the greenback, dropping[​IMG]

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