Monday, March 21, 2011

AudUsd - daily

Prices has hit the resistance line both on the daily and 4 hourly chart.
However,
For bearish view to hold..
Prices has to remain below 1.0070
And break 0.9950 on the conservative side,
In that case it will have at least broken the 4 hourly upward trend channel
Bias to the the down side.

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