Archive | April 12, 2012

Aussie Backs Up Into Day To Day Pattern Sell Zone

The Australian Dollar, propelled by better than expected job gains, rallied sharply today, leaving AUDUSD, and the CME’s Australian Dollar futures contract at the top of our Day to Day Sell Zone — see chart. Given that important Day to Day pattern is still bearish, today’s rally coould be an opportunity to sell a rally in an overall [...]

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