AUDUSD Technical Analysis

AUDUSD Technical Analysis

10 August 2014, 19:21
BlondieNews
0
219
  • “The combination of the .9400 figure and weekly RSI failing near 60 indicates a lot of overhead to punch through. Since the 2011 top, each RSI failure near 60 has led to a top or topping process (range for several weeks then a breakdown...that may be the case now).”
  • The May low and 200 DMA at .9200 is critical to the integrity of the uptrend.



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