the demand zones on gbpnzd are LEADING INDICATORS FOR kiwi and aud moving south
and there it is .....
also EN moving north now too with an inverted H&S config from a hourly demand zone
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Dislikedbought euraud @ 1.32180 stops @ 1.31791
very low risk
hourly PA appears bullishIgnored
DislikedI went long 5470 and tp 5490, at the channel test. Waiting now for a new setup to long cable, maybe a retest of the channel with a brake of R1 in EURGBP. EU has been rejected from supply zone @3190.
With bombs in rome on the wires+korea+christmas it's pretty volatile!Ignored
QuoteDislikedAUSSIE-STERLING DIVES 25%
The UK returns to the values of the old days; they work harder, they save more, and soon enough a surprisingly strong expansion in 2011 is underway as the austerity-stricken country defies the naysayers. The markets have it in for the UK, giving the wide expectation that the economy slows as Prime Minister Cameron’s cuts work their way through the system. However, the large, narrow cuts will not hinder consumer sentiment and as real savings boost production the economy bounces back in the second half of 2011...
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