Selling AUD/USD at 1.02 till .995

One of the patterns I have watched for some time is “big move + hit SMA50 + hit SMA20″. The patterns has done steps 1 and 2, so it should go to SMA20, now at 0.9925. Entered 10/20/2011 4:33 NY time (UTC-4).

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This entry was posted on October 20, 2011 at 6:56 pm and is filed under Forex. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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