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AUDUSD - Recovery Accelerates Through 0.7600 After Downside Rejection On Thursday

Discussion in 'Technical Analysis' started by Kaitlin, Oct 14, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    Australian dollar is in strong bullish acceleration on Friday that retraced over 50% of 0.7708/0.7504 downleg on extension above 0.7600 barrier. Recovery from Thursday's spike low at 0.7504, gained pace on bullish signal from long-tailed daily candle.[​IMG]

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