Published on FXDD (http://forex.fxdd.com)
Forex Trading - AUD/USD Holding Technicals
By Alex Chernomordin
Created Jul 28 2008 - 6:22am

The Aussie has held technical levels throughout the trading day. On the chart below you can notice the AUD/USD move toward the 61.8% retracement and bounce back to 50% and hold. The retracement analysis below is based on lows from June 12th and highs from July 15th.


Source URL: http://forex.fxdd.com/trading-news/5525/forex-trading-aud/usd-holding-technicals