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AUDUSD - Daily Cloud Top Contains Bearish Acceleration For Now, Increased Downside Risk...

Discussion in 'Technical Analysis' started by Kaitlin, Jul 19, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    Aussie dollar accelerates further down today and extends pullback from short-term recovery peak at 0.7670. Fresh bearish acceleration posted new low at 0.7488 (50% of 0.7303/0.7673 upleg daily Ichimoku cloud top, where bears found temporary footstep. Correction should be ideally contained here, to keep broader bulls intact for fresh[​IMG]

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