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Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: machala on March 14, 2011, 11:01:47 pm

Title: Trade Idea: AUD/USD ? Hold short entered at 1.0120
Post by: machala on March 14, 2011, 11:01:47 pm
Trade Idea: AUD/USD ? Hold short entered at 1.0120

<p>Despite intra-day marginal rise to 1.0162 (Friday?s high was 1.0159), as aussie has retreated from there, retaining our bearishness and consolidation with downside bias remains for another test of last week?s low at 0.9969 but break there is needed to add credence to our view that the rebound from 0.9803<img src="http://feeds.feedburner.com/~r/ElliottWaveDailyTrades/~4/3TmWgFT-u7w" height="1" width="1"/>

Source: Trade Idea: AUD/USD ? Hold short entered at 1.0120 (http://feeds.actionforex.com/~r/ElliottWaveDailyTrades/~3/3TmWgFT-u7w/)