AS for other pairs, in the morning i was convinced that AU would break its huge resistance at 0.8325 but its a surprise to me that it has not and even more a surprise that it has fallen back down. No trades on this today as i was busy with the other pairs.
As for EU, the only pair which has caused me loss over the past 2 days. I was convinced that it was bearish and had taken a short yesterday but had to suffer a loss of 69 pips. If i had stayed in the trade, i would have made pips today but thats how it goes. I am still bearish on this.
USDCAD, made a few pips (around 20-30) on shorts on break of yesterdays lows. It can go lower only if support at around 1.2100 is broken. I am neutral on this with a very slight bearish bias.
Tuesday, April 14, 2009
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