AUD unknown

currencies, page-19

  1. paulbooma
    2,810 Posts.
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    06/06/09
    18:35
    Post #: 5251434
    Great example of a pitchfork Debono. I find them interesting. Your chart shows how good the rally is.

    The old R&S at this level I think will come into play.
    Not enough to stop the rally but enough to challenge
    us traders.





    The 4 hr is at trendline support. A move either way should
    be good. I currently don't have a trade on the AUDUSD and
    am reviewing the overall.



    If the chance of a drop is on then these lines would be good targets.
    If it rallies then on with the bull trending.

    AUD Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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