15 Dec 2015
AUD/USD down move could be exhausted
AUD/USD opened yesterday on the lower edge after a previous falling session, but rallied and closed well above the prior session's close.
This price action has left a piercing line on the chart that let bears second-guess their positions. Such a pattern may be some cause for optimism when it appears at a support level.
This price action has left a piercing line on the chart that let bears second-guess their positions. Such a pattern may be some cause for optimism when it appears at a support level.