EURAUD

This ones testing the breakout point as im typeing
im long with a stop below 12983




dyor

Finished with a doji in the end and has followed through with a continuation upwards.

I've just been looking at this pair myself. It's obviously bullish but keep an eye out to see how it closes as it may be forming a shooting star at resistance and could be set for a backtest of the main trendline breakout which would be a great place to go long. Far view shows trendline:



dl.dropbox.com/u/20815047/EURAUDdaily31_01_13a.gif

Close up view shows today's candle at resistance:



dl.dropbox.com/u/20815047/EURAUDdaily31_01_13.gif

Inverse H&S


I will enter on the next pull back and will post a follow-up chart as we go along