| AUD/USD - Turns Down at Triple Top Posted: 21 Jul 2010 07:09 AM PDT  Price action on AUD/USD (a 4-hour chart of which is shown) as of Wednesday (7/21/2010) morning, has reached and turned down around the key 0.8850 price region, establishing a tentative triple top approximately matching the highs in June and earlier this month. On establishing this tentative triple top, price has turned down, respecting resistance for the time being. For more technical analysis on AUD/USD, please click here for Wednesday’s (7/21/2010) Chart of the Day.
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