Donnerstag, 7. Mai 2009

Aussie trade


AUD/USD is now at levels that are somehow ridiculous and shows divergences on 4 h and daily chart (see MACD on chart)! RSI and CCI show daily oversold conditions. The employment numbers were much better and price out a furhter rate cut in june in many ecomomists eyes, but this pair is ripe for a correction and i am looking for sell entries. That said i sold the pair after the employment numbers at .0.7605, just under the daily trend line shown


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