1. Hello Guest Click here to check FX Binary Point Financial Directory

AUDUSD Fails To Clear Resistance Confluence

Discussion in 'Technical Analysis' started by Kaitlin, Feb 24, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
    Likes Received:
    Irrespective of the AUDUSD's seven week old ascending trend-channel, which recently propelled the pair to test near two month highs, the 0.7260-80 resistance confluence, encompassing 200-day SMA and the seven month old descending trend-line, held its further upside captive. The pair seems presently witnessing pullbacks toward 0.7140 immediate support, including[​IMG]

    Continue reading...

Share This Page