Elogos

2014/05/19 (Monday) Price Action

FX:AUDUSD   Australian Dollar / U.S. Dollar
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A strong move closing into the 8-21 EMA area, we may see further downward pressure as a test of the bounds, I still expect to see a push upward to the same levels in April however.
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I can only expect more candles of the same until we see movement out of this area for at least 2 more days, or a good sustained rejection of price above the next resistance.

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