I have decided to go short here as the currency has not rallied to it's usual high during the Wall St trading. If one were going to short this is around the best time.
Here are the stochastics :
%K = 93; %D=89; RSI=63
Obviously not ideal setup and a slice of speculation here
FWIW here's another chart ;-)
Remember this time if it looks bad - REDUCE! Don't knee jerk close
Tuesday, 23 June 2009
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