Dollar Skyrockets after Federal Reserve Increases Discount Rate

February 19, 2010 by ForexYard  
Filed under Daily Forex Analysis

GBP/AUD:

The 2 hour, 4 hour, 8 hour and daily RSI are floating in the oversold territory with a bullish cross evident on the daily and 4 hour charts’ Slow Stochastic indicating an imminent upward movement. Forex traders may be advised to go long for the day.

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