12th Apr - AUD/USD Continues its Recovery
12 April 2014
WEEKLY CHART:
Another test of the bear channel base has seen another recovery.
DAILY CHART:
The market has continued firm after violating the falling resistance line and prior lows in the 0.9270s. Beyond here a channel top projection around 0.9570 is next resistance, and the bulls’ sails will be full if this were to be exceeded.
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