Thursday, April 12, 2012

12th April 2012 - potential setups forming on AUDCAD and XAUUSD

A few possible setups are forming on the AUDCAD and XAUUSD (gold) daily chart. Both currencies show a retracement approaching a significant resistance level. I'll keep an eye out for reversal signals around this level.


AUDCAD




XAUUSD


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