Chart of the Day – AUD/USD
(Chart courtesy of FX Solutions’ FX AccuCharts. Price on 1st pane, Slow Stochastics on 2nd pane; horizontal support/resistance levels in yellow; uptrend lines in green; downtrend lines in red; chart patterns in white; 50-period simple moving average in light blue.) 3/22/2010 – AUD/USD – Price action on AUD/USD, a daily chart of which is shown, has tentatively broken down below a key medium-term uptrend line extending from the early February low. This occurs after price failed to reach 0.9325
