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AUDUSD - Strong Daily Cloud Top / Kijun-Sen Support Holds For Now Despite Brief Probes Below

Discussion in 'Technical Analysis' started by Kaitlin, Jul 20, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    Aussie remains under pressure and probes below strong 0.7478/88 support zone (daily cloud top daily Kijun-sen line), but without clear break lower seen so far. Yesterday's long red daily candle generated strong bearish signal, with firm break into daily cloud and close below daily Kijun-sen line, seen as signal[​IMG]

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