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

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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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