Thursday, July 12, 2012

Market Reading - hold off again

I previously planned to go back in at 1320, as part of my risk mitigation with my exit before 7/4. I think it is bottoming, It could be 1 more leg down to draw a double bottom, but the low is very near if not printed already imo. Unless we get some triggering event, this week is done.
I decide to hold off for now. I will think of the next step during the weekend.

Update of the AUD USD chart.

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