the daily chartist

AUD/USD recap for 29.09; 30.09; 01.10.2015

published 4 years ago

 AUD/USD made a new leg down on 23.09 and in the following days, in which the price made a flat, it reached little above the crucial support at 0.69090, but a new support has revealed itself and it is at 0.69859. Seems that bulls are preparing for another correction to 0.71746 and forming a double bottom? Price will tell in the future and certainly it will be interesting to see what will happen.