Wednesday, October 12, 2011

AUD/USD - 12 Oct 2011

From the previous post dated 6 Oct 2011 , we saw that the morning star candle is type of reversal signal.

The uptrend keep moving up until it reach 1.0017 on 10 Oct 2011 and the next day black candle open price is lower than previous white candle high, a potential for the price going down. so we continue to monitor.

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