2014/05/09 (Friday) Price Action

FX:AUDUSD   Australian Dollar / U.S. Dollar
22 0 0
A further inside bar is an interesting formation for today.

We may see more upside action toward resistance early next week and a short-term reversal after a rejection leading to more possibly more long opportunities by Friday.


Any entry long at the high of Thursdays candle at this point would not be worth the risk since resistance area is too close for the return.
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