Wednesday, March 19, 2014

AUDUSD - What upcoming resistance do we have in play?

AUDUSD - What upcoming resistance do we have in play?


Daily Chart


  • Fib Ext 127.20 is a strong resistance, and if we do break there, the next major is the completion of the cypher pattern.
You will see i have a Sell Zone which starts beneath this potential cypher pattern. Stops will be above 0.94 if i were to trade this for a medium / long term trade

I'll have a detailed analysis later guys.

Cheers



Hourly Chart


Outlook Trade opportunity

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Risk Level __


Tips -

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