DislikedI personally wanna short AUDUSD on account of bearish hammer formed indicating reversal downward.
However, I dont wanna overcook it.
Market is too bullish. let it run amock and wait for tommorrow's EFSF detail risk event for direction.Ignored
Retesting the 1 hr 200ema right now, before moving further north towards the 4 hr 200ema. The GU is retesting the 1hr 55ema before moving North towards the 1 hr 200ema which is sitting almost exactly on its 4 hr trendline. Just my thoughts. Its 5am here and I have to go. Good luck.
Come with me if you want to live....