The picture here is very bad for AUD.
The trend has been a strong down trend and every attempt to bounce above the 200sma was rebuffed.
here we have an easy decission and trading range.
below 0.7233 -0.7258 we see more selling.
A recovery above 0.7258 price will accumulate strenght towards 0.7371
For more updates follow us on twitter @charts_247
The trend has been a strong down trend and every attempt to bounce above the 200sma was rebuffed.
here we have an easy decission and trading range.
below 0.7233 -0.7258 we see more selling.
A recovery above 0.7258 price will accumulate strenght towards 0.7371
For more updates follow us on twitter @charts_247