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7-31-08 4:26a GMT – AUD/USD has dropped about 80 pips since my last AUD/USD forex signal, and I think that those losses will continue. Pair is still trapped in an extremely bearish channel (yellow lines below). The biggest threat to the trade is an oversold 60M and 4H RSI and close to it on the daily [...] 7-30-08 3:18a GMT – AUD/USD pair remains bearish on both the daily, 4H and 60M price charts. However there is strong intraday support at 0.9575 that I expect to stall a drop below. 60M RSI is heavily oversold and has just crossed above 30 indicating a bounce and the RSI on the 4H charts is showing [...] |
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Risk Warning |
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