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AUDUSD: Just Triggered a Bearish Market Condition

One of the pairs that have been trading in between consistent support and resistance levels in the last weeks is the AUDUSD:

AUDUSD

AUDUSD

The AUDUSD just triggered a bearish market condition, so as long as the Aussie keeps trading below 0.8968 I will be looking for short trade opportunities. And of course, all long opportunities will be ignored.

Trade Safe!
Raul Lopez

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This entry was posted on Tuesday, January 26th, 2010 at 10:03 am and is filed under Technical. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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