AUD/USD 15th Nov 2008 Weekly



AUD Monthly and Weekly

Expectation of a continuation down into the Monthly lows, using the Weekly 50% level as a trend guide.

Even if the AUD doesn't reach the November lows this month, there is still an expectation of a double monthly low pattern in December.



6 trades

5 wins 214 pips
1 loss 12 pips


There was nice rotations on the AUD last week, but alot of those rotations were during GMT or US trading hours and not the Asian Timezone.