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AUD/USD Moves Up off of the Lows

AUD/USD Moves Up off of the Lows

Thomas Long, Course Instructor

This AUD/USD daily chart shows a market that is in an uptrend but sitting below the highs. A move up through the .99531 level would serve as a certain level of confirmation that the buyers are back and in charge. So I would once again look for buying opportunities on a move up through the previous high of .99531.

AUDUSD_body_73412d1291303133-trend-day-audusd-1202.png, AUD/USD Moves Up off of the Lows

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

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