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9 Jan 2015
AUD/USD makes first signs of a double bottom – Kshitij Consultancy
FXStreet (Barcelona) - The Kshitij Consultancy Team notes that AUD/USD has made first signs of a double bottom at 0.8030 levels, anticipating it to target 0.8275 levels on a break above 0.8150.
Key Quotes
“Aussie-Dollar has made first signs of double bottom at 0.8030. In short term, if it break above 0.8150, Aussie could target 0.8275. But more importantly it might have stopped and reversed the down trend, even for short to medium term.”
Key Quotes
“Aussie-Dollar has made first signs of double bottom at 0.8030. In short term, if it break above 0.8150, Aussie could target 0.8275. But more importantly it might have stopped and reversed the down trend, even for short to medium term.”