This one might end up moving sideways I think. The dollar isn't that strong, nor aud that strong don't you think?
HappyKing
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When Gold moved blow 1170(that was my key support), yesterday
I was incliened to AU bear
and weekely basis AU couldn't hold bulish channel support.
So.. I fee this market is easy to short
HappyKing
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.
IvanLabrie
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Probably, but I'd feel more comfortable going long euraud instead.
This is one choppy chart. If we see new lows, then your forecast might work well.
I'll watch from the sidelines here.
HappyKing
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agree with you
wwfm
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I would not agree on this one:) it still supported by rising trend line on month chart
HappyKing
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I've stopped out very soon :)
agree about strong strong support
HappyKing
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It appears that not easy to break the neckline at once
HappyKing
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Finally I re opened short @0.7628 with sl 0.7660.
please luck me :)