AUDUSD Remains In Red, Broken Kijun-Sen Line Caps For Now, US Data Eyed

Discussion in 'Technical Analysis' started by Kaitlin, Oct 7, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
    Likes Received:
    The pair remains in red and holds below broken key supports at 0.7585 (former correction lows/daily Kijun-sen line). Marginally lower low was posted today at 0.7558, after the wave C from 0.7688 lower top (part of five wave cycle from 0.7708 peak) exceeded its FE 100% target at 0.7569. Next[​IMG]

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