1st December08 AUD & EUR/USD part 3



AUD 3-day pattern 16:07

3pm support but no probability pattern on Monday...

So far there is a fake break on Monday's lows, but it's below a number of timeframe 50% levels.

Long 6470 partial exit 6482 + 12

Stops 6465

target 41 pips and exit.


EURO 16:09

I'm looking for a swing back towards the 5-day 50% level to re-test the breakout.

3pm buying support has pushed above 1.2670...

Long off spiral @ 1.2665 partial exit 1.2686 + 21

Stops 1.2660

target 1.2770 and exit

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Both AUD and Euro stopped -5 pips/ -5 pips