Wednesday, November 28, 2012

EUR / AUD Update: Wednesday 28th November 2012 19:29hrs

EUR / AUD

Price is slowly making its way down towards the target.

The position is in profit by 1.8% at the time of writing.

Chart below:


The spread is large on this pair at 8 pips, therefore it makes it a little more difficult to push the stop down.

I have moved the stop to 1.2365 locking in 0.5% profit.

I will update again tomorrow morning, when I hope to be in a position to move the stop down a little further.

Have a pleasant evening

Regards


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