Showing posts with label AUDUSD tops out after stops triggered. Show all posts
Showing posts with label AUDUSD tops out after stops triggered. Show all posts

Thursday, November 12, 2009

AUDUSD tops out after stops triggered

AUDUSD stops were triggered above 9250 on the back of AUDJPY buying out of Tokyo before topping out at 9265. AUDUSD is finding support via buoyant Asian bourses. Personally, I feel the market is getting long again. I will look to sell on a rally towards 93c with a stops above 9340.

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