Monday, May 9, 2011

5/9 Forex

Two new breakouts among the 124 currency pairs I follow. In both cases, the direction of the breakout is aligned with the carry bias, thanks to the 4%+ short-term interest rate in Australia.

sym phase adx bday blevel stop atr atr%
AUD/CZK  
13
may9 Kč18.135 Kč17.9415 0.1935 1.1%
EUR/AUD*  
17
may6 A$1.3403 A$1.3535 0.0132 1.0%

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