Wednesday, April 18, 2012
AUD/USD Technical Analysis Overview. Trend Reversal Imminent?
I took quick glance at the charts for the AUD/USD today and the daily candlestick from yesterday stood out for me. There is a bullish engulfing bar formation with a very nice rejection wick. On the four hour charts a more obvious head and shoulders formation in showing that a trend reversal may be under way. Enjoy the video!
Posted by Razor at 7:58 AM