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May 25, 2012 01:37PM GMT
     
 
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AUD/USD Tentatively Breaks Out to 3-Month High

By   |  Technical Analysis  |  Aug 04, 2010 03:41PM GMT  |  Add a Comment
 
AUD/USD (a 4-hour chart of which is shown) as of Wednesday (8/04/2010) just tentatively made a slight breakout above key resistance in the 0.9150 price region, establishing a new 3-month high, before pulling back. This occurs after price consolidated just below that resistance level for the last couple of days. For more AUD/USD technical analysis, please click here.
 
James Chen, CTA, CMT

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