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UPtrend Intact on AUDUSD 5-3-2010

posted by Avatar almapal 1113 days ago in AUD, Technical, Daily made popular 1113 days ago

After two days of wins, the AUD stumbled against the USD to close last week on the wrong end of the stick. The AUDUSD fell to and closed at 0.9253 after reaching a high of 0.9326 from 0.9277. Looking at its weekly chart, though, you can notice that the pair is presently sitting on the top of an uptrend line that started when it bottomed way ba.....
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