FX Trades - 11/03/08

Tuesday, Mar. 11th 2008 11:25 AM

Good morning

Well USD keeps gettig sold off again today…

I want to point out a couple of trades taken by the Bytes subscribers yesterday. GBPJPY was a clear triangle breakout below the support line at 205.50. After hitting the 200ma at midday the currency pair continued its downward trend for a 150 point fall…

AUSUSD had a symmetrical triangle to break out of and early monday morning saw the break for a 100 point fall…

AUDUSD 60

GBPJPY 60

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Posted by danarmitage | in Forex Trades | | Email This Post Email This Post

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