Posted by: joetradingplace | January 22, 2013

Aussie Update

A very interesting and signficant level on this pair is the 1.0560-1.550 zone, if the pair retraces to this zone, she will make a decision wether to continue moving up or drop. The level is the broken upper TL on the wedge and the broken pivot high. I am favouring the failed breakout on this one, time will tell.

aussie 22-01

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