Friday, June 3, 2011

#AUDUSD and #Majors

All the majors made at least some expansion today in the same direction of the weekly trend. The exception was  #AUDUSD that made a pivotal change in weekly trend direction defying all odds and most likely finishing the week in an uptrend.

Also, we had some incredible daily ranges for some pairs during these last couple of days. Today the range expansion had an obvious reason.

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