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CME:A6M2014
 
     
 
    
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A6M2014 Commodities Futures Chart

 

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LEONES LEONES PRO A6M2014, D, Short ,
A6M2014: Aussie M top - bear in June14
97 0 0
A6M2014, D Short
Aussie M top - bear in June14

A trade below the recent pivot low (0.9192) would confirm the M top formation. Targeting the lower parallel line (0.9000) approx mid June2014 but I might close earlier depending on momentum. Historically we are still at pretty high levels on the US dollar and US dollar seems gaining strength on a major H&S failure (Dollar Index).

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