Tuesday, January 24, 2012

Aud/cad

Aud/cad is on a double top formation with highs from October  28th 2011 at the moment and may be headed lower for the next coming days.It has already formed a bearish pin bar on the daily and may just be looking at 1.05000 before moving lower.Lets watch how it goes.
Nzd/usd gartley pattern is still in play. Will wait to see if it breaks below the 200 MA.

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