The AUD/USD rose for the fourth day in a row today, closing at the highs. Action like this is always very bullish, and there should be no question as to whether or not the 1.05 area is now a floor – it is. Buying on any pullbacks should increase your odds of success trading this pair.
Originally posted here
Read more about forex technical analysis, forex fundamental analysis and forex news on ForexMansion.com
About ForexMansion.com:
www.ForexMansion.com is a part of the Finance Mansion Network which operates global financial websites. Our goal is to provide our readers with the most accurate, quality and up-to-date technical analysis, fundamental analysis and news in order to assist them in making the right financial decisions.
The Finance Mansion Network includes www.FinanceMansion.com,www.ForexMansion.com, www.StocksMansion.com, www.CommoditiesMansion and many more.
