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AUDUSD nears session lows.

Discussion in 'Technical Analysis' started by ForexLive, Oct 29, 2015.

  1. ForexLive

    ForexLive Forum Member

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    Up and down intraday, but sellers trying to exert more downside The AUDUSD is trading near lows for the day (the low came in at 0.7068). The pair has not been a model picture of a trend move lower (just take a gander at the 5 minute chart to see what I mean), but the price is down and it is also moving below/staying below trend lines (see chart below).

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