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AUDUSD Consolidates Under Friday's Recovery Peak, Near-Term Focus Remains at the upside

Discussion in 'Technical Analysis' started by Kaitlin, Sep 5, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
    Likes Received:
    Aussie holds under Friday's recovery peak at 0.7613, posted after three consecutive bullish days of recovery from 0.7488 (31 Aug correction low). Daily Tenkan-sen line at 0.7589, marks still valid support, as upside attempts on Friday and today, did not manage to clearly break higher yet. Break here and above[​IMG]

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