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AUDUSD In Directionless N/T Mode, Daily Tenkan-Sen/Kijun-Sen Lines Mark Triggers

Discussion in 'Technical Analysis' started by Kaitlin, Aug 25, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    The pair trades in near-term directionless mode, holding within 0.7581/0.7653 range, with yesterday's Doji confirming indecision. Near-term action could be seen as consolidation after pullback from 0.7758 peak, which was so far contained by sideways-moving daily Kijun-sen line at 0.7590 zone, where higher base is forming.[​IMG]

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