AUDUSD Corrects From Fresh Highs, Overall Bullish Structure Favors Further Upside

Discussion in 'Technical Analysis' started by Kaitlin, Sep 29, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
    Likes Received:
    The pair pulls back from today's fresh three-week recovery top, posted an a brief probe above 0.7700 barrier. Correction on overbought Slow Stochastic is expected to find support above daily cloud top at 0.7626, ahead of fresh push higher. Daily technicals are in strong bullish setup and favor final extension[​IMG]

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