AUD/USD
The AUDUSD has once again returned to test the key price range of 1.02-1.04, pulling back from the recent slide down to .9900. The 50 and 200 EMA curves have converged and are moving sideways, indicating the market is largely trendless. A break below the recent .9900 swing low could indicate a resumption in the downtrend, while a break through 1.04 would mark an attempt to move higher.
USD/CAD
A large consolidation triangle is forming in the USDCAD, as the price range between peaks and valleys grows increasingly narrow. P... ( read more )