the aud is moving upward as the dollars is heading downward against the aud.the market was quote at 1.0119 and hopefully to take profit at 1.0124,i guess the market nowadays profit has to taking as early as the market moves, the present profit +0.68.
the usd was unable to maintain it last week gains against the aud this week.the market was set at 0.9814 when i check with the market and things wasn't moving in right direction for the usd as it fall forward till about -0.18% against the aud,the current market shows the ud as falling to 0.9869,making about -0.29% percentage loss.
Aud / Usd November 9, 2012 when it approaches the 1.0414 price so that we can set a buy position using a stop loss in the range of TP. 1.0430 with SL at 1.0408, we use SL with a small point due to the movement of Aud / Usd is currently very stable at all so no need to use SL with a difference of more than 20 points
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