AUDUSD Levels to watch today (Scalp or trend continuation) - 19th Feb, 2014

AUDUSD Levels to watch today 19th Feb, 2014

Outlook Trade opportunity

There are two levels to watch as shown on chart (red and blue)

The stronger level is the blue where the daily pivot and 1hr Ichikumo Clouds are at


How to trade ?  
Zoom into a 5 min or 15 min chart Wait for price to get to those levels and see how it reacts, If it has a good bounce (10-15 pips reaction), then place your pending at a 61.8 retrace of the bounce.

Risk Level Low

Always take note of any economical news event on our provided calender below