AUDUSD moved sideways in a range between 0.8642 and 0.8898. As long as 0.8898 resistance holds, the price action in the range could be treated as consolidation of the downtrend, and another fall to 0.8400 area is possible. Only break above 0.8898 resistance could signal completion of the downtrend.
For more short term forex analysis and info visit via AUDUSD Daily Analysis - October 22, 2014 . Thanks for your support.
No comments:
Post a Comment