Australian (ASX) Stock Market Forum

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looking at this forex market , the monthly made a perfect high within 5 pips of the level in  nov 2009, from there on the trend is down and the level i had was 85.82 as the intial low for feb. march seems to provide an interesting event with a possible minor rally  and then a re test of the 8582 level if this is broken, by (x) amount of pts then the next level should be tested at 8074 to 8066.


weekly the rally has already started, with now a 3 week rally, levels to watch for ont he up side would be 9105 , it has another week to run , if not then the selloff will follow again


daily  initial level was 9040 selling point with a  low level for friday at 8882, in which it did hit nicley.


watch 8831 as a level to indicate further rally or selloff


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