Forex technical analysis: AUDUSD retests underside of broken trend line - ConsultFX

Forex technical analysis: AUDUSD retests underside of broken trend line

Level at 0.7587 The AUDUSD is moving to new session highs and in the process has moved back to the underside of the broken trend line. That line was broken with more momentum on Friday. The price fell toward the 61.8% retracement near 0.7528. The low today reached 0.7432 before starting the climb back higher.  Copyright 2015 Forexlive.com