AUDUSD Corrects Strong Recovery Rally, Break Below Daily Cloud Top Faces Solid Support At...

Discussion in 'Technical Analysis' started by Kaitlin, Sep 23, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    The Aussie pulls back from the top of steep four-day rally that peaked at 0.7672 and retraced over 76.4% of 0.7730/0.7440 downleg. Dips extended below daily cloud top at 0.7633, signaling stronger correction before fresh attempts towards key short-term barrier at 0.7730 (08 Sep peak).[​IMG]

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