1. Hello Guest Do you know binary.com offers exclusive $20 No Deposit Bonus for FX Binary Point visitors? Click here to sign up

AUDUSD Bounces Back Into Daily Cloud, Following Yesterday's Close In Red

Discussion in 'Technical Analysis' started by Kaitlin, Jun 28, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Joined:
    Aug 29, 2015
    Messages:
    5,769
    Likes Received:
    0
    Aussie managed to pare some losses of yesterday’s bearish acceleration that extended today to 0.7317 session low, where bounce commenced. Near-term structure remains weak after yesterday’s failure to hold in daily cloud, as fresh weakness closed well below cloud base and also closed below 0.7335 (Fibo 61.8% of 0.7143/0.7645 ascend)[​IMG]

    Continue reading...
     

Share This Page