4th November 2008 AUD, EURO part 2


AUD and EURO:- 17:35

Both spreads pushed down, with the EURO pushing down into Tuesday's lows and reversing upwards:- rotation back into resistance most likely



Spiral filters

AUD:- early selling down with a few spiral rejection patterns.

EUR:- bounce off Tuesday's lows but a rejection pattern on the way up.

Haven't been trading forex that much for the past 2 days, but took to Euro trade.

Short 1.2627 covered 1.2595 + 32

Next Report tomorrow