-
COT Report Reveals AUD Longs At Record – Price Action Analysis Update
COT Report Reveals AUD Longs At Record High – AUD/USD Price Action Analysis The AUD/USD currency pair is now trading above the 1.0500 round number area and a long term descending trend line, but just under the previous resistance zone around 1.0624. The last time price hit this area the highlighted Pinbar reversal formation gave a bearish price action signal, as we reported here. We will be monitoring for similar price action confirmation if the so called “Aussie” can hit the resistance zone going forward. Another technical area of note for the Australian/US dollar pair is the highlighted ascending trend line; ... (full story)
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- Dec 16, 2012 11:47am Dec 16, 2012 11:47am
- staffpro1
- | Additional Username | Joined Nov 2012 | 49 Comments
- Comment #2
- Quote
- Dec 16, 2012 12:07pm Dec 16, 2012 12:07pm
- glenngie
- | Joined Nov 2009 | Status: Member | 1323 Comments
- Comment #3
- Quote
- Dec 16, 2012 12:18pm Dec 16, 2012 12:18pm
- iwjw
- | Joined Mar 2011 | Status: Member | 127 Comments
- Comment #4
- Quote
- Dec 16, 2012 12:35pm Dec 16, 2012 12:35pm
- sidhujag
- Joined Apr 2009 | Status: Non-Member | 930 Comments
- Comment #5
- Quote
- Dec 16, 2012 2:57pm Dec 16, 2012 2:57pm
- moaf
- | Joined Jan 2012 | Status: Mother Of All Forex | 910 Comments
- Comment #6
- Quote
- Dec 16, 2012 4:45pm Dec 16, 2012 4:45pm
- buster48
- | Joined Aug 2012 | Status: Member | 229 Comments