Feb 13
14

AUD/USD at Falling Channel Resistance

Posted by

Falling channel: I noted price rallying within a falling channel in the last update. I also pointed out that since late January, corrections against the bearish channel have been between 90-100 pips. The latest pullback was about 150 pips. Alas, the pattern of under-100 pip retracement is broken.

Post Title: AUD/USD at Falling Channel Resistance
Author: admin
Posted: 14th February 2013
Filed As: Forex, Technical Analysis
Tags:
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