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AUDUSD Bounces After Repeated Rejection At Daily Cloud Base, Daily Kijun-Sen Caps Rallies...

Discussion in 'Technical Analysis' started by Kaitlin, Oct 12, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    Australian dollar bounced from fresh low at 0.7528, posted on today’s brief probe below daily cloud base at 0.7537 that contained yesterday’s strong fall. Long red daily candle that was formed yesterday and marginal close below Fibo 61.8% of 0.7440/0.7708 upleg at 0.7542 generated bearish signal.[​IMG]

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