AUD/USD has recovered -20 pips from the session low
of 0.7057, possibly on reports stating that China may cut
the reserve requirement ratio in the second quarter.
The bounce on the price zone 0.70604
however, is taking the shape of a bear flag.
a continuation pattern which usually accelerates
the preceding bullish move back to the ascending trend
is it a valid breakout or a fake out @ 0.70785
I think bears are taking over!!! if it breaks my
Final horizontal Range Patten @ 0.70604
am selling the hell of this pair
of 0.7057, possibly on reports stating that China may cut
the reserve requirement ratio in the second quarter.
The bounce on the price zone 0.70604
however, is taking the shape of a bear flag.
a continuation pattern which usually accelerates
the preceding bullish move back to the ascending trend
is it a valid breakout or a fake out @ 0.70785
I think bears are taking over!!! if it breaks my
Final horizontal Range Patten @ 0.70604
am selling the hell of this pair