$AUDUSD 05 August 2011

Went long of $AUDUSD this morning (Australian time).  Trying to bank some panic money from the market. I saw AUDUSD stalled around mid 1.04 area, and it shows a pretty clear technical setup to me.  As I tweeted earlier on, I had banked half of the position,and leaving the remaining to run.

That's pretty much for the Black Friday + NFP Friday for me.

Here is the... CHART!