Currently we are at 1.0319 after the pullback and tagging the top trend line. We are looking now for the continuation to the Support @ 10282. There is a possibility that we will form a Head and shoulders pattern there. If not look for the continuation to the double bottom @ 1.0243 area. The current average daily trading range (ATR) is 72 pips.
good take on the market as usual scott. i m of a similar mindset. i see your penant on eur/aus failed to go long and broke to the short side. what is your thoughts on that pair now ?
Comment by Scott Barkley on February 16, 2013 at 5:31pm Here is my chart at the present- scroll down to My Exotics
Comment by Francesc Riverola on February 16, 2013 at 11:29pm
Comment by Scott Barkley on February 17, 2013 at 12:22am Oops - totally understand - lapse in judgement on my part :-)
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