Friday, April 26, 2013

AUD / USD UPDATE: 26/04/13. 12:35HRS

AUD / USD:

Price has retraced to the first entry at 1.0285 and I am short with 0.5% risk.

Price has made a move towards the low at 1.0261 and I have moved the stop loss to break even eliminating the risk on the position.

I have removed my second order.

Chart below:



There is significant new for the US Dollar in less than one hour at 13:30hrs GMT in the form of
US GDP. I am hoping that this will push price lower and on towards the target.

 

 
I will update again later this afternoon
 
 

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