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AUDUSD - Free Forex Market Analysis

In FREE Forex Market Analysis section, we'll provide forex market traders mid-term technical analysis of major currency pairs. But first of all, you should go to FAQ page to read the expression of the signs and words that appeared on the forex market analysis charts. You may join our yahoo group if you want to receive the update alert immediately after the analysis had been posted. For daily forex analysis, you can subscribe our Short-Term Forex Market Analysis, now you can get it at no charge.

Saturday, October 7, 2006 at 02:50 GMT

AUDUSD is in down trend, and further fall below 0.7450 previous low to reach the next cycle bottom can be seen in the next several days. Key resistance is at 0.7577, only break above this level may signal the reversal to the down trend.

audusd daily chart

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