I shall smite thee

FX:AUDUSD   Australian Dollar / U.S. Dollar
99 3 5
A clean break on .75683 we should beable to get to .75914 and a break above .7614 we can get .7636

A clean break below on .7524 and i think we should see .7490-.7509

Keep in mind the daily 200ma is sitting at .7508 and also the H4 1200ema (both at .7508) and the last time AU managed to hit the H4 1200ema there was a violent bounce.

I am currently long from .7526, been scalping non stop this 20 or so pip range for the past 24 hours, if somehow i get stopped out below the 50% mark I am still in deep in profit from scalping this nice range

Related Ideas

Looks good to 0.765ish area.
ddp922 Shun-Jiru
@Shun-Jiru, Time will tell, but I believe this is a false break on the weekly, The prior week it false broke up, so it might come down to a monthly close on where it will head.
@ddp922, i agree. i longed it too... i think it's good for atleast 50 pips. thanks.
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