Wednesday, December 24, 2008
With volume steadily falling ahead of the Christmas holiday, the
lack of momentum behind previous trends should hold the AUDUSD within
range over the near-term. Moreover, as investors remain risk adverse,
the odds for an Australian dollar rally are negligible as global equity prices fall lower.
Why Would AUDUSD Hold a Range?
·Levels to Watch:
-Range Top: 0.7050 (Fib, Swing High)... [read more]
posted by fxgencurrency,
in AUDUSD, Demo Accounts Contest
@ 11:13 PM,
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