AUDUSD Extends Recovery From 0.7440 Low, Daily Tenkan-Sen & Kijun-Sen Lines Are ...

Discussion in 'Technical Analysis' started by Kaitlin, Sep 20, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
    Likes Received:
    The pair continues to trend higher on recovery rally from 0.7440, underpinned by rising daily cloud base. Today’s fresh strength probes again above cracked 0.7551 barrier (Fibo 38.2% of 0.7730/0.7440 downleg), following yesterday’s spike to 0.7571 and subsequent pullback that closed well below 0.7551 barrier.[​IMG]

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