The AUDUSD ended lower today after moving to a fresh 4-month high earlier in the trading session. If price continues to rotate lower and moves down into the key near-term support at 1.0445 area, we would watch closely for price action buy signals on the intra-day or daily chart to re-join the uptrend in this market.
Forex Trade Setups Commentary
AUDUSD Stalls, Looking for Buying Opportunity from Support
Tue, Aug 7 2012, 23:42 GMT
by
Nial Fuller
|
Learn To Trade The Market
The AUDUSD ended lower today after moving to a fresh 4-month high earlier in the trading session. If price continues to rotate lower and moves down into the key near-term support at 1.0445 area, we would watch closely for price action buy signals on the intra-day or daily chart to re-join the uptrend in this market.





