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AUD/USD Cracking Key Pivot After False Break Above Trendline
Stocks, Unit trusts, Wealth Management and Forex markets
17-08-2012, 11:31 PM
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The one
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Join Date: May 2000
Location: UK
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AUD/USD Cracking Key Pivot After False Break Above Trendline
The AUD/USD broke above a declining trendline during the 8/17 Asian session and fell quickly immediately (after a brief double top), and is now not only breaking to a new low for August, but also cracking a key pivot at 1.0440. The RSI reading briefly broke above 60 but fell 
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