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Friday, June 22, 2012

AUDCAD: Re-Enter Short on Trend Line Break

22 June 2012 03:10 GMT
 Strategy: Short at 1.0335, Targeting 1.0253
1.0619 AUDCAD first as a means of accessing money from China compared to the expectations of U.S. economic growth and profits in a June 6th at 1.0197 booked as prices fall, the channel resistance was established in mid-March sold to win. Corrective rally seems to be exhausted, and confirm that the price of a Doji candlestick with an interruption by the hotline set Trend May 31, and we will go short, creating the first as 1.0253 target. A stop loss is triggered on a day close above 1.0401.

AUDCAD_Re-Enter_Short_on_Trend_Line_Break_body_Picture_5.png, AUDCAD: Re-Enter Short on Trend Line Break
Daily Chart - Created Using FXCM Marketscope 2.0

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