10.03.2014 UPDATE: OPENED SHORT AT 1.5320
It seems that euraud has topped and it is forming a head and shoulder in the weekly chart. Macd cut has given also given a sell signal. As a result i will go short 0.1 lots at the opening with s/l 1.56 and target 1.4850
It seems that euraud has topped and it is forming a head and shoulder in the weekly chart. Macd cut has given also given a sell signal. As a result i will go short 0.1 lots at the opening with s/l 1.56 and target 1.4850
WEEKLY
DAILY
In the daily chart below it seems that it is ranging inside the cloud. A clear break below will confirm the biginning of the downtrent. A break above 1.56 and then 1.58 will invalidate my assumptions
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