Tuesday, June 4, 2013

Aussie dollar: 96 under attack again

Once again, the AUDUSD pair is attacking the .96 support. See previous posts for the full story of this epic encounter.

The Omicron Forex Silver Trigger Algrorithmic routine has, once again, taken off half its position and moved its Stop Loss to Break_Even, as indicated by the dotted lines in the 30 minute chart above. This puts us in an excellent position for the battle ahead in the effort to overcome this significant support level.

We are only taking short trades on this pair at the present time.

Could this be the final capitulaltion at this level?

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