EURAUD

I'm long on this pair now due to the breakout:



dl.dropbox.com/u/20815047/EURAUDdaily19_12_12.gif

I'm a bit gutted I didn't reverse my short and go long on this pair at the uptrend support a few days back. It's now at the major downtrend resistance but I'm not shorting it again as it's got back there too soon and other EUR pairs are looking good for longs. Here's the long tern view:



dl.dropbox.com/u/20815047/EURAUDdaily18_12_12.gif

And the short term view:



dl.dropbox.com/u/20815047/EURAUDdaily18_12_12a.gif

I'll look to go long on a backtest of the downtrend resistance after a close above it if that happens.

Good 100 pips there if you took it on, Jackozy

One to keep an eye on due to long term downtrend resistance close by. It may already be turning:



dl.dropbox.com/u/20815047/EURAUDdaily06_12_12.gif

Wait for 1.2596 or short now with a wide stop above that level perhaps

Opened long on fri night @1.2440.
Closed today @ 1.2519
Same reasons for going long as EURNZD