Wednesday, July 17, 2013

AUDUSD Price Action: . Inside Bar Trade Setup Breaks North, July 17, 2013

 The Aussie seem to have found support after price broke out north from the Inside Bar Trade Setup at Key Support Zone. It is expected therefore that the bulls would kick in fully and attempt to push price higher into the next Key Supply Zone at about 0.9560. However, if this setup fails, price would make a quick dash back into the Key Support Zone and possibly lower.

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