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Aussie Extends Higher On Weaker US Dollar, Approaches Key 0.7502 Barrier

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

  1. Kaitlin

    Kaitlin Forum Member

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    Aussie benefited on weaker US dollar and extended recovery from 0.7283 (last week's low). Fresh rally after market opened with gap-higher, peaked at 0.7470 so far, eyeing strong barrier at 0.7502 (former recovery rejection base of daily Ichimoku cloud which twisted lower). This marks very strong barrier, break of[​IMG]

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