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Sunday, 08 November 2009 GMT
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AUDUSD Short Term Trendline Break
Monday, 24 November 2008 16:33:02 GMT
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The AUDUSD just broke above the short term resistance line that is drawn off of the 11/10 and 11/19 highs. This is the first sign that the wave count presented in the Daily Technicals is correct (in which a c wave should end above .7012. A bullish bias is warranted against .6231 and short term support is in the .6360-.6410 zone.
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