Friday, January 14, 2011

AUDUSD ranging sideline


AUDUSD stay in the range of 0.995 and 0.9995. Market is waiting to breakout in either direction. The support is at 0.99 and resistance is at 1.003.


AUDUSD daily show a spinning top candle indicating market consolidation or indecisive. The daily support is at 0.982 while the resistance is at 1.01.
  


By The Backyard Burner

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Fear of failure

Fear of failure