Monday, December 27, 2010

AUDUSD just test the support area


AUDUSD just rebound from the support area. The pair may rally up to 1.018 if it is in a wave 3. The support is at 0.99. Resistance at 1.0065.


From daily chart, the pair had the just retest the inverse H&S neckline and may advance up to 1.018. 



By The Backyard Burner

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Fear of failure

Fear of failure