The Aussie continues to strengthen against the Greenback and is now retesting short term resistance at .9343.
Tag Archives: greenback
AUDUSD Finally Breaks the 8-month Old Trendline, Triggering a Stop Fest
The move in risk aversion in the European session provided a big boost to the greenback, and EURUSD is pounding on the local support just above 1.4800 as we write this, and AUDUSD has collapsed through support and triggered a stop-fest now that the multi-touch trendline stretching back to March…