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AUDUSD: Second Call, Bearish market condition

Earlier this week I wrote about the AUDUSD being in a bearish market condition, but it came back and traded in a new range, well… it is again in a bearish market condition:

AUDUSD

AUDUSD

My Trading Plan:

As long as the AUDUSD keeps trading below 0.8937 I will be looking for short trade opportunities.

All long opportunities will be ignored.

Trade Safe!
Raul Lopez

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This entry was posted on Friday, January 29th, 2010 at 10:58 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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