AUDUSD On Renewed Attempts Above 0.7500 Zone After Higher Base Was Formed At 0.7440

Discussion in 'Technical Analysis' started by Kaitlin, Jun 22, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    Aussie benefits from weaker dollar and is in renewed attempt higher, after yesterday’s failure to sustain break above strong 0.7500 barrier. Little negative impact was seen after yesterday’s trading ended in red candle with long upper shadow that usually signals strong selling pressure. Daily studies maintain firm bullish tone and[​IMG]

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