AUDUSD Retracement Levels Jan 25, 2016
AUDUSD recently broke below a rising trend line support visible on the 4-hour time frame, indicating that a downtrend is starting. Price found support at the .6825 area and is showing signs of a correction.
AUDUSD recently broke below a rising trend line support visible on the 4-hour time frame, indicating that a downtrend is starting. Price found support at the .6825 area and is showing signs of a correction.
The AUDUSD pair fell during the day on Wednesday, but bounced off of the lows again, and therefore ended up forming a hammer.
The AUDUSD pair fell during the day on Monday, as we continue to show signs of weakness in the Australian dollar.
Today’s Key Economic Data
Today’s Key Economic Data
AUDUSD fell significantly during the course of the session on Wednesday, as the market continues to bounce around the 0.70 level.
Today’s Key Economic Data
AUDUSD is currently bouncing off the bottom of its long-term range visible on the daily time frame, partly supported by the pickup in risk sentiment and stronger than expected data in China.
Today’s Key Economic Data
The AUDUSD pair initially tried to rally during the course of the session on Monday, but turned back around to form a massive shooting star.