Saturday, 22 November 2008

LAST WEEK IN NOVEMBER SCENARIOS

Are we getting a set-up in GBP/AUD which i think has been way way over sold?....

The weekly candle close is going to be crucial..so here's my scenario's:

Bull: If weekly candle closes @ or above 2.3800

Bear: If Bull scenario does not play out, however i expect the 2.3000 to be very strong support if we get there.

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