Comment by Keith Shaw on June 15, 2012 at 10:28am

AUD: H1 : M15 : Not sure it's topping over just yet Peter, I see where you are coming from, just need a bit more confirmation.

H1

M15

Comment by Peter jcp on June 15, 2012 at 10:34am

Over 1.0038 and 41 would then look at a scalp buy for higher - and under 0024 will carry on selling

Comment by Peter jcp on June 15, 2012 at 10:57am

We had the HL at 0028 - now need HH but ideally 5 pips at least higher than 0044

Comment by Jim Mathis on June 15, 2012 at 11:17am

you guys thanks so much for your time i have learned a lot from you today

It is much appreciated you guys enjoy the rest of your day  have a great weekend

Comment by Peter jcp on June 15, 2012 at 11:21am

you too Jim - Keith i had 0080 -85 area next if any pullback at half hr stays above 0042 

Comment by Keith Shaw on June 15, 2012 at 11:43am

Cheers Jim: Peter of the 15min it's just been a series of HH's and HL's  for any potential pull back or reversal at present I'd look for a test or break of 1.0027, which was previous resistance then tested as support. See arrows / grey line on the below chart.

Comment by Peter jcp on June 15, 2012 at 12:10pm

My scalp sell came in at 0047 with under 42 being needed- Its at the 27 area now but still think a lower before a bounce 

Comment