Wednesday 10 December 2014

AUDUSD Daily Analysis - December 11, 2014 Forex Analysis

AUDUSD is facing the resistance of the downward trend line on 4-hour chart. As long as the trend line resistance holds, the downtrend could be expected to continue, and next target would be at 0.8000 area. Only a clear break above the trend line resistance could signal completion of the downtrend.



audusd chart






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