Wednesday, June 23, 2010

AUDUSD#5



Sidewalk continues. Though a good S/R trader might have made a handsome profit, but I'm still on the sideline. On 1H chart, the price is now below the Tenkan-sen and Kijun-sen after a long while. 0.8800 appears to be a good resistance for now. But I haven't got a convincing reason to trade :-S

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