EurAud 11.45 24th jan 2013

Magician

Master Trader
Jun 2, 2010
30
1
69
Interesting analysis regarding dly 4hr & 1hr, so i thought I might throw this out there before it happens, get your views,
Dly still bullish, but I doubt it has the momentum to get much higher, besides it has tried a number of times, 4hr Head & Shoulders developing ?, unsure due to trend perhaps if it brks closes below the 1.2600, faltening momentum doesn't tell us much, but perhaps the divergence on the 1hr stochastic does, not yet an entry will wait for further hints,
How do you all see this?
 

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