Aussie Breaks Channel Support; Kiwi Breaks Pivot Low
November 30th, 2009 by
The AUDUSD has broken below 5th wave channel support, which has bearish implications. The NZDUSD decline below .7080 last week brings an end to the string of lower highs since March. The suggestion is that the trend is now down.
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Aussie Breaks Channel Support; Kiwi Breaks Pivot Low
Posted in Foreign Exchange |