13th November 2008 AUD, EURO part 3



AUD 14:55

AUD coming down from 6443 at 3 pm....

so far so good.

Only concern is .6415, which could end up supporting the AUD after 3pm.

it's the same pattern that occurred on Euro yesterday (read below)

If R41 completes down then good.

Tighten stops above today's highs.

Entry .6441 Partial exit .6415 + 25 and holding down into Thursday's lows

Stops now .6447 (-4)

Target and exit is .6255



Euro:- yesterday at 3pm price closed abvoe 1.2540 and continued higher.

So i'm hoping that 3pm closes below 1.2494 and continues down into Thursday's lows.

Exit will be 1.2418 just above Wednesday's low.