Thu 22 May 2008
1artisteBlog wrote an interesting post today on
Here’s a quick excerpt
(Chart courtesy of FX Solutions’ FX AccuCharts. Price on 1st pane, Slow Stochastics on 2nd pane; uptrend lines in green; horizontal support/resistance line in yellow; Fibonacci retracements in grey.) 5/22/2008 – AUD/NZD – Price on the AUD/NZD long-term WEEKLY chart, as shown, has just bounced down off a very significant confluence of resistance factors today. The current bearish weekly bar represents a retreat from this strong resistance. One of these resistance factors is the long-term
Read the rest of this great post here
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