AUD/USD Bounces off of Rising Trendline

Although the pair has found a bit weakness in the past few trading sessions, the AUD/USD looks to have found significant strength from an ascending trendline. Although a rising trendline is a very simple pattern, it can often produce extraordinary results. Despite the simplicity of the rising trendline, it can…

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This entry was posted on Thursday, November 26th, 2009 at 5:45 am and is filed under Forex Rates. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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