Thursday, February 3, 2011

[4XONTARIO] AUD/USD the group is up +283 PIPS

 

AUD/USD – current price 1.0185.

No BUY/HOLD and/or SELL re commendations!

Trailing stop continued to be trailed as the currency pair penetrates
Resistance levels.

The currency pair may cycle above 1.0200 as a UK clearer is being named
as the main AUD buyer.

The high so far has been 1.01964 (Daily chart) and the next major
technical resistance is at the 1.02604 recent daily high.

We are up over +283 pips so far.

Regards,

Efraim
`THE PIP DISPENSER'

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