Wednesday, 13 March 2013

AUD/USD 13 MARCH 2013



Price broke the B high yesterday on a closing basis giving us a new AB  swing to work with. If price violates the current B high then we will wait for a new one to form. While it holds we will look for a retracement before buying.

Will be going long if:
We need a retracement before buying. Stand aside for now.

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

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