AUD/USD weakening after successful test of the strong resistance at 1.0613
AUD/USD is weakening after failing to break its
resistance at 1.0613 (09/08/2012 high, see also
down trendline). The short-term support at
1.0427 (12/09/2012 low) is now challenged.
The proximity of the down trendline favours a
significant phase of weakness. Still, should a
break to the up...
FF News: Technical