Published on FXDD (http://forex.fxdd.com)
Forex Trading: AUDUSD now approaches support in up and down day.
By Greg Michalowski
Created Aug 20 2008 - 10:33am

The AUDUSD held the resistance at the 200 hour moving average (see earlier post) and now tests the support at the 100 hour moving average of 0.8690.  The markets are volatile as volume seems to light and trade is dominated by short term traders who are getting whipped around. 


Source URL: http://forex.fxdd.com/trading-news/5962/forex-trading%3A-audusd-now-approaches-support-and-down-day.