The Aussie takes a breather as it currently consolidates. A sustained break below 1.0750 or above 1.0780 will determine if the uptrend will continue. This chart shows a long uptrend from 4-19-11 finally taking a pause. A break in this consolidation pattern will signal next move.Thursday, April 21, 2011
$AUDUSD at 1.0750 slows the bleeding for now #forex
The Aussie takes a breather as it currently consolidates. A sustained break below 1.0750 or above 1.0780 will determine if the uptrend will continue. This chart shows a long uptrend from 4-19-11 finally taking a pause. A break in this consolidation pattern will signal next move.
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