Sunday, December 20, 2009

aud/usd & gold

.8850 area was tested and breached (see previous time-stamped post). I have to wonder now if .8811 will also be tested. Gold has aslo failed to clear 1116.78 resistance although selling is still light at this point no that it can't pick up it very well could. This is why i'm out longs for aud/usd ie the lack of follow-though in the market at present.

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