Friday, January 7, 2011

AUDUSD H4 timeframe MA about to cross down

 The AUDUSD H4 timeframe 25MA is about to cross the 100MA to further confirm the down trend. The pair is  expected to reach the target price support area of 0.983 and 0.981. The resistance area is at 0.998 and 1.002


The AUDUSD continue its bearish sentiment with another bearish daily candlestick.  



By The Backyard Burner

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Fear of failure

Fear of failure