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Another look at AUDUSD

by Gav Leave a Comment

After briefly approached 0.71 vicinity, AUDUSD pulls back to 0.69 area.  Is that a pull back, or we are again heading back to southern hemisphere? I have no idea.  My take is , we have a chance to stay above 0.68 and looking at 0.72-ish level as next target. Play with care, that’s the plan. This is my two-cent worth analysis. 

Here is the….CHART! (click to view full chart)

audusd-4hr_28mar2009

And here is some technical statistics

audusd-4hr_28mar2009_trend

In addition, let’s have a look at Dollar Index chart.  

dx29march2009

Both trend score and new charting service are now available for free trial.  I use it. I’d recommend you to give it a try. Here is a short video about the charting service.

Filed Under: Trading Journal Tagged With: AUDUSD, FX, Trading Journal

Reader Interactions

Comments

  1. Jay says

    April 4, 2009 at 9:02 pm

    Gav, I just watched this again. I watched it the first time when you posted this on Facebook. This guy is the sheeat.

    Thanks for posting this.

    Reply
  2. Jay says

    April 5, 2009 at 8:02 am

    Gav, I just watched this again. I watched it the first time when you posted this on Facebook. This guy is the sheeat.

    Thanks for posting this.

    Reply
  3. Gav says

    April 4, 2009 at 10:49 pm

    Jay, I guess you are referring to Gary Vaynerchuck’s video?

    Reply
  4. Gav says

    April 5, 2009 at 9:49 am

    Jay, I guess you are referring to Gary Vaynerchuck’s video?

    Reply

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My Name is Gav.
I am a Father, Husband, Trader, And Blogger. A serious coffee addict. I started training since 2005, mainly on FX and Futures.

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