AUDUSD - Daily Kijun-Sen Contained Dips For Now, Downside Will Remain Vulnerable While...

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

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
    Likes Received:
    The pair recovered ground and moved back above 0.7600 handle after bearish acceleration was contained by 30SMA/daily Kijun-sen at 0.7590, also 50% of 0.7419/0.7758 upleg. Overall bias remains bullish, however, recent pullback is likely to further delay bulls. Near-term price action holds between daily Tenkan-sen and Kijun-sen lines, spanned between[​IMG]

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