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AUD/USD Throwback

MultiBank Exchange Group
By MultiBank Exchange Group

AUD/USD climb higher after the retest of the lower median line (LML) of the major ascending pitchfork and now is targeting the upper median line (uml) of the minor descending pitchfork. Technically should jump much higher after the failure to close on the LML. Only the fundamental factors will send it below the dynamic support.

MultiBank Exchange Group
MultiBank Exchange Grouphttp://www.mexgroup.com
Multibank Exchange Group (MEX Group) is a multinational financial derivatives dealer. Established in California in 2005, MEX has offices in several countries around the world, including the US, the UK, Australia and China. Mex Group is regulated by the Australian Securities and Investment Commission (ASIC) in Australia, the Ras al Khaimah Free Trade Zone (RAK) in the United Arab Emirates and the Financial Services Commission (FSC) in the British Virgin Islands.

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