Tuesday, September 8, 2009

FX Path

FX Path


AUD/USD - Hits 12-Month High

Posted: 08 Sep 2009 08:05 AM PDT

Price action on AUD/USD has mirrored U.S. dollar losses in other currency pairs to hit a fresh 12-month high near 0.8650. In the process, this pair has finally confirmed an uptrend continuation by breaking out above the prior 0.8500 region resistance. For more technical analysis on this currency pair, please click here for Tuesday’s (9/08/2009) Chart of the Day.


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