$AUDUSD: 4-hour Chart
February 24, 2011
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Symmetrical triangle has formed on $AUDUSD H4 chart. Waiting to touch in 1.0120 area again before short.
Categories: Technical Data
AUDUSD
Symmetrical triangle has formed on $AUDUSD H4 chart. Waiting to touch in 1.0120 area again before short.
Given the declining bullish momentum, and a turn in the Slow Stochastics, after reaching new highs in 2011, could the $AUDUSD be set to test parity again?