Friday, 28 December 2007

AUD/YEN VIEW

I'm out of the market until the 2nd of Jan. I'm expecting price to consolidate around 99.00 area +/-30 pips.

BIAS: my medium term bias is bullish
SPOTS: A break below 98.00 will change my bias downwards. If price breaks 100.20 before the 2nd then i'm in long.

HAPPY NEW YEAR

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