Tip or Junk idea: EURAUD

Not going to write too much. Aussie dollar is rallying. At the same time, does this chart look like another SELL to you soon? Are we looking at 1.6 level to be broken soon? Uhm…..

[photopress:euraud21may2008_4hr.gif,full,1]

Here are some statistics:

[photopress:euraud21may2008_4hr_trend.jpg,full,1]

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About Gav

A Father, Husband, Trader, and Blogger. A serious coffee addict. Started trading since 2005, trades Futures and FX.

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