AUDUSD SELL 1.0249 – July 6, 2012

AUDUSD SELL 1.0249 – July 6, 2012

A Sell Signal for AUDUSD was issued at 1.0249 on July 6 with the emergence of a 4 Hour Moving Average Crossover as well as showing a Daily MACD Downswing at the 1.0240 Macro Level implying the potential of a new downswing.

Target 1 was 1.0200 / Target 2 was 1.0125 / Target 3 was 0.9755

audusd-06072012-sell-entry

audusd-06072012-sell-entry

 

AUDUSD then fell quickly and easily hit Target 1 at 1.0200

audusd-06072012-sell-target1

audusd-06072012-sell-target1

The AUDUSD pair continued to fall to within pips from Target 2, before retracing back to the 1.0240 Macro Level before finally experiencing a sharp fall and quickly hitting Target 2 at 1.0125

audusd-06072012-sell-target2

audusd-06072012-sell-target2

 

The trade generated 124 Pips, making it another successful trade using Traders Elite Forex Signals.

This post is a summary of a trade Traders Elite issued and is for educational purposes only.

Comments, Feedback & Questions

Leave A Response

* Denotes Required Field