AUDUSD Analysis. Jan 9, 2008

by ForexCycle.com | January 8, 2008 8:08 pm
AUDUSD is testing the previous high resistance at 0.8846, only above this level will indicate lengthier correction to the down trend. Near term support is at 0.8680, a break below this level will signal the resumption of...

AUDUSD Analysis, Jan 5, 2008

by ForexCycle.com | January 5, 2008 5:16 am
AUDUSD is forming a cycle top at 0.8846 level. Further fall towards 1.8300 area may be expected, and a break below 0.8551 previous low will confirm such case. Near term resistance is at 0.8846, only break of...