Sunday, November 8, 2009

AUDUSD tops out after stops triggered


AUDUSD tops out after stops triggered

http://www.forexlive.com

AUDUSD stops were triggered above 9250 on the back of AUDJPY buying out of Tokyo before topping out at 9265. AUDUSD is finding support via buoyant Asian bourses. Personally, I feel the market is getting long again. I will look to sell on a rally towards 93c with a stops above 9340.

Forex Live

The opinions and analysis offered on Forexlive are for educational purposes only and clients and prospects are advised to carefully consider the opinions and recommendations offered by the analysts and to use the analysis and opinions in conjunction with the client and/or prospects own independent analysis.

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