Thursday, December 23, 2010

AUDUSD broke throught the resistance neckline


AUDUSD is now above the neckline and at the intermediate double top. If price were to go up, it had the  possibility to reach 1.0080 or 1.0180 before retracement. 


The AUDUSD is now at  the resistance area. Immediate support area at 0.9983 and 0.9950. 



By The Backyard Burner

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Fear of failure

Fear of failure