Tuesday, 9 March 2010
Watching Aud Cad n USDX
Gold, Silver and now Crude falling which should put pressure on Aud and Cad. Looking to sell Aud/Usd at 0.9105 stop 0.9135 also buy Usd/Cad at 1.0275 stop 1.0245. Confirmation of a Usd move will be if the Usdx can close the hour above the hrly 169 ema and res line at 80.50 targetting the hrly 200 sma at 80.61.
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