AUDUSD - Fresh Strength Above Daily Cloud Eyes Targets At 0.7730/58

Discussion in 'Technical Analysis' started by Kaitlin, Sep 27, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    Fresh strength that emerged after three-day consolidation signaled resumption of larger uptrend and extended gains near round-figure 0.7700 barrier so far. Rally extended above daily cloud top at 0.7629, around which the price traded in past couple of sessions, turning it to strong support. Near-term focus turns towards key barriers[​IMG]

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