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.