AUDUSD is potentially in the PRZ. We can identify a rising wedge, if it tip over, price would head south till the next support. I would plan to look for opportunity to short.
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| AUDUSD H4 2010-08-09 |
Monday, August 9, 2010
AUDUSD 2010-08-09 Analysis
(Technical
analysis done by Eric Lye in our Forex Trading Blog. The purpose is to
share how we analyze the market and put ourselves on the side of higher
probability of things happening.)
AUDUSD is potentially in the PRZ. We can identify a rising wedge, if it tip over, price would head south till the next support. I would plan to look for opportunity to short.
AUDUSD is potentially in the PRZ. We can identify a rising wedge, if it tip over, price would head south till the next support. I would plan to look for opportunity to short.
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