Wednesday, 27 February 2013

AUD/USD 27 FEBRUARY 2013


 

Price fell yesterday and stopped out the long trade with 35 pips, taking out the low and continuing the downtrend. We now wait for a clear swing low to form, then a retracement.  For now we have no trade setups on this pair.

Follow me on twitter @fxdailyforecast where intraday updates are tweeted.


Will be going long if:
No immediate long trade setups since we have no criteria in place. Stand aside.

Will be going short if:
No trade setups at present, stand aside. 

No comments:

Post a Comment