After breaking out cleanly above the 0.8000 psychological resistance barrier in the beginning of the week, continued dollar-weakening has pushed AUD/USD to approach the next major resistance target in the 0.8260 price region. The current steep and accelerated uptrend is showing little sign of abating. For more technical analysis on this currency pair, please click here for Tuesday’s (6/02/2009) Chart of the Day.
FX Path
Subscribe
Categories
Archives
Recent Comments
- Forex Broker Analysis on EUR/USD - Heading for 1.4500, Correction Due
- Sanjay on EUR/USD - Heading for 1.4500, Correction Due
- ig index on EUR/CHF - Hits Support within Bearish Trend
- Wilson on Technical Carry Trade Articles
- dpinkert on USD/JPY - Breakout to the Upside
Tags
FXstreet.com Weblogs
Links
Technical Trading Tips and Techniques by 
