The USD Remains Pressured on U.S Interest Rate Prospects
September 30, 2009 by ForexYard
Filed under Daily Forex Analysis
AUD/USD:
The price of this pair currently floats in the over-bought territory of the 30 min. chart’s RSI, indicating a downward pressure. The impending bearish crosses on the hourly MACD and Slow Stochastic both support the notion of a downward move. Those participating in the forex market today would be wise to pay attention to this pair as the downward pressure appears to be getting stronger and a bearish move may be impending
