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Today's Currency Movers

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 20, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    AUDUSD, Daily The pair is trading in a triangular formation near a descending regression channel (drawn from July 30th high). There was a close below 0.7265 low but no downside momentum or follow through. This suggests that price that the September pivot high is likely to support prices over the coming days and market is likely to eventually push higher from its support. The sideways movement might therefore continue. Last week’s high and low are key levels to look at. The nearest resistance

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