Will The Support Work for AUD/USD?

December 19, 2012 in Chart Alert

As usual the Chart Alert Section is just for charts and not so much for the words, so here we go for AUD/USD.

The two charts of AUD/USD here are daily chart.

First Chart: The price action channel support has not been broken for over 1 month.

Second Chart: Price action has been over Kijun line level of daily Ichimoku cloud since November 23rd. The current price is close to that level now which is near 1.0489/1.0490.

Take your guess.

Chart Tip 1

Chart Alert 1: AUDUSD- Price Action Channel

Chart Tip 2

AUDUSD - Daily Ichimoku Cloud Chart

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