Thursday, June 17, 2010

Easy Prediction (2010-06-17 AUD analysis)

Looking at the 4H chart of AUD, we can easily catch the crazy surge in the second last candle.



The price is well moving along the uptrend line, and was well resisted by the last high. AUD is now testing this resistance again at 0.8674. If this resistance breaks, the next obstacle would be at 0.8798. Get into long positions once the breakout is confirmed.

No comments:

Post a Comment