AUD/USD may be losing its long term uptrend

4 thg 9, 2012

In the big picture on the weekly chart I wonder if perhaps this long bull run for the Aussie is coming to an end since the TSI is now below its long term moving average. If the sell off continues and price makes its way through the .9400 area we can surmise that the bull market for the Aussie is over and a bear one has replaced it.

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