Trade Idea: AUD/USD - Buy At 0.8900

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03-01-2010, 10:56 AM

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Trade Idea: AUD/USD - Buy At 0.8900

Aussie's breach of indicated resistance at 0.8957-68 (previous minor resistance and 61.8% Fibonacci retracement of 0.9072 to 0.8800) signals the retreat from 0.9072 has ended at 0.8800 as wave ii and further gain to said resistance would follow. Above there would add credence to this view and signal the wave...

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