13 September 2013

AUD/USD : Close to A Sell

  • Monthly and Weekly : Trend change long confirmed. Wide band of resistance now between 0.9386 and 0.9581; too wide to be of practical use in formulating strategy though. Look to the daily.
  • Daily : Perhaps first entry attempt should be to try and sell as close to 0.9355 as possible with stop close above. (now trading at 0.9248).

2 comments:

Taichiseal said...

0.9344

Anonymous said...

Good trade!

BL